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    Greece Must Leave Euro to Ease Crisis, Lilico Says

    Fri, 05/11/2012 - 08:24 EDT - Bloomberg - Video News
    • http://gdata.youtube.com/schemas/2007#video
    • RDF10


    Greece Must Leave Euro to Ease Crisis, Lilico Says

    May 11 (Bloomberg) -- Andrew Lilico, director and principal of Europe Economics, talks about Greece's political turmoil and euro-zone membership. He speaks with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)
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      Interest rates on the 10-Year Spanish bond touched 6.7% today after the ECB shot down prime Minister Mariano Rajoy's Ponzi plan to recapitalize banks. The Spanish banking condition is in such precarious shape that Matthew Lynn of Strategy Economics proposed 'Spexit' Will Come Before a 'Grexit'. “The euro debt crisis, like any really spectacular geo-economic event, is spawning its own special vocabulary” said Matthew Lynn of Strategy Economics on Wednesday.

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