If Greece exits the Eurozone, what would be cost? The implications?
The European market and rallied and even gained after ECB President Mario Draghi announced that ECB would do everything to keep Greece within Eurozone.
Eurozone waits with baited breath the approval of the ESM (European Stability Mechanism) where Germany has committed to place 700 billion Euros ($820 billions) That date is September 12 when the German constitutional court will decide as to wheter ESM is constitutional.
FDR president Joachim Gauch would not sign the ESM until a full full legal review has been made.
Will he or will he not sign?
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