Whether Greece exits the euro, and whether it can leave the single currency while remaining a member of the European Union (EU), will depend on economic, market and political realities rather than legal technicalities. If these realities change, the various treaties governing the EU could either be modified, or simply ignored. In any event, the legal position is not as clear cut as many assume.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services