Will Greece Be Kicked Out Of The Euro Zone?

The bailout of Greece will only act as a 'sticking plaster' for the Euro crisis, the bank warned yesterday. Photo from The Daily Mail

Germans Say Euro Zone May Have To Expel Greece: Poll -- Reuters

BERLIN (Reuters) - A majority of Germans want debt-ridden Greece to be thrown out of the euro zone if necessary and more than two-thirds oppose handing Athens billions of euros in credit, a poll published on Sunday showed.

Vocal opposition to aid for Greece from members of Chancellor Angela Merkel's coalition also grew at the weekend with several senior politicians expressing skepticism, especially as Germany's own recovery is fragile.

The Emnid poll for Bild am Sonntag newspaper showed 53 percent of Germans asked said the European Union should, if necessary, expel Greece from the euro zone.

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Update #1: Collapse of the euro is 'inevitable': Bailing out the Greek economy futile, says French banking chief -- Daily Mail

Update #2: Wall St. Helped to Mask Debt Fueling Europe’s Crisis -- New York Times

My Comment: Greece is just the first country in Europe to be at the financial abyss. After years of profligate spending, increasing tax levies, hostile business policies, and expanding debt .... the bubble is about to burst. The impact that this will have on NATO, military alliances, and the EUs commitments to the wars and conflicts in Afghanistan and elsewhere have not even been calculated .... but I can only assume that Europe's fiscal crisis will inevitably impact its military budgets and programs.