Implications If Greece Exits The Euro
June 11, 2012Presented by Eric C. Pritz, CFP®, CMFC
If Greece leaves the eurozone in the coming months, what kind of financial ripples could reach America?
Nobody can predict the endgame yet; Greece may even stay in the euro, although that is looking less and less likely. The big concern isn’t what happens in Greece – it is about what could happen in Spain or Italy as a result of what happens in Greece.
The effects from a Greek default (and eurozone exit) would likely be felt on four fronts in America – but first, an economic chain reaction would almost certainly play out in Europe.
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