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Old 11-09-2011, 12:49 PM   #65
chemgear
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http://business.financialpost.com/20...risis-deepens/

Fearful Greeks have withdrawn savings from banks over the past week because of a deepening political crisis and fear of an exit from the euro, banking sources said on Wednesday.

Greeks withdrew as much as 5 billion euros — nearly 3% of total deposits — after outgoing Prime Minister George Papandreou’s shock call last week for a referendum on a eurozone bailout, said one banker, who declined to be named.


http://business.financialpost.com/20...core-eurozone/

German and French officials have discussed plans for a radical overhaul of the European Union that would involve establishing a more integrated and potentially smaller eurozone, EU sources say.

French President Nicolas Sarkozy gave some flavour of his thinking during an address to students in the eastern French city of Strasbourg on Tuesday, when he said a two-speed Europe — the eurozone moving ahead more rapidly than all 27 countries in the EU — was the only model for the future.


So I guess they may not kick them out of the Euro . . . just left behind when the create a newer, "better" Euro . . .
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