Re:UK votes to leave EU
by lisivka on Friday June 24, 2016 @11:25AM
(#11970468)
Why? Why stable currency is bad for Greece?
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| on HN ]
Because they would desperately need to float its value down to regain competitiveness. Now they can only do it by lowering wages through massive unemployment, civil unrest and layoffs in public sector.
This is not limited to Greece, of course.