Greece said considering ditching euro in favor of dollar

Section:

By Gareth Davies
Daily Mail, London
Tuesday, February 14, 2017

Greece is said to be considering ditching the euro in favour of the U.S. dollar in a devastating move that would humiliate Brussels.

Donald Trump's pick for EU ambassador Ted Malloch claimed senior Greek economists are looking into taking on the American banknotes if the country turns its back on the European currency.

Due to Greece's crippling financial crisis, officials are said to be desperately searching for an alternative to the Eurozone, which would "freak out" Angela Merkel, according to Malloch.

Professor Malloch was interviewed on Greek TV, where he said Greece leaving the EU would be the best option for residents, and added the current situation is "simply unsustainable."

"I know some Greek economists who have even gone to leading think tanks in the U.S. to discuss this topic and the question of dollarization,' he said, according to local press. ...

... For the remainder of the report:

http://www.dailymail.co.uk/news/article-4222990/Greece-considers-ditchin...



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