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Europe Daily Bulletin No. 10666

31 July 2012
A LOOK BEHIND THE NEWS / A look behind the news, by ferdinando riccardi
Remarks on Greece's inescapable exit from the euro and on the need to get ready for this with a positive mindset and appropriate precautions

Artificial uncertainty. I am still convinced that the “artificial” uncertainties on keeping Greece in the eurozone have really only one objective - ensuring the necessary time to prepare the country's exit as well as possible, for it is a complex manoeuvre. We need to create the appropriate conditions so that it happens in an acceptable way, without repercussions that are too negative for Greece itself and the whole of the eurozone, and without excessive losses for the creditors and...