Greece Considers Exit from Euro Zone

Der Spiegel reports:

The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government's actions have informed SPIEGEL ONLINE that Athens is considering withdrawing from the euro zone. The common currency area's finance ministers and representatives of the European Commission are holding a secret crisis meeting in Luxembourg on Friday night.

What a good news for the Eurozone, and what a sad one for the Greeks who still have some savings: if that happens, they will get the value of their savings stollen.

This is just the result of the lack of courage of politicians who are unable to stop giving away free money to every citizen in order to buy their votes, and do also lack the political courage to default properly instead of going through all this unproductive hoops and loops.

H/T to my friend Mikeul for sending me the link.