Note from Athens: Feeling on the ground has palpably changed


I travel to Athens about once every six months and speak with as many contacts as I can, including top policymakers, bankers, journalists, economists and academics. On my most recent trip in mid-February, the feeling on the ground had palpably changed in a number of ways that have supported my view that Greece will eventually default and exit the eurozone, but probably not before late 2013. Sorrow and bitterness There has been a pronounced shift on the ground in Athens in terms of the sorrow

Comments are closed.