Q1: Can the Euro area survive a Greek exit?
We still find it most likely that Greece will remain in the Euro area, at least in the near term, but have to ask what happens if they do not?
A Greek exit would threaten the survival of the Euro area in the short term through contagion and in the longer run by undermining the core of the project itself.
Still, we believe the answer is Yes, but it will require that the leaders of the remaining Euro-area economies take decisive measures for further integration.
Read more here Three survival questions for the Euro area Q1