Fear grows of Greece leaving euro

Article reported that Eurozone central bankers talked publicly for the first time in mid-May 2012 of managing a possible Greek exit from Europe’s monetary union as stalemate in Athens talks on a coalition government raised the prospect that Greece would renege on the terms of its international bailout.

Greece appeared to be heading for fresh national elections on the 13 May 2012 after last-ditch coalition talks chaired by the country’s president ended in mutual mud-slinging by conservative, socialist and leftwing leaders.

See also a separate major analysis feature: 'Eurozone: If Greece goes ...'

ESO: Background information: The Greek debt crisis of 2010 http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

ESO: Background information: Pasok in last push for Greek coalition http://www.europeansources.info/record/pasok-in-last-push-for-greek-coalition/

BBC News, 14.5.12: Greece crisis: Far left Syriza pulls out of talks http://www.bbc.co.uk/news/world-europe-18054612

Deutsche Weelle, 14.5.12: Greek president fails to move parties toward coalition http://www.dw.de/dw/article/0,,15947712,00.html

France24, 13.5.12: Confusion reigns as critical last-ditch talks flounder http://www.france24.com/en/20120513-greece-syriza-alexis-tsipras-refuses-join-coalition-government-crisis-deadlock-karolos-papoulias

EurActiv, 14.5.12: Unity government talks in Greece reach impasse http://www.euractiv.com/euro-finance/unity-government-talks-greece-reach-impasse-news-512657

Kathimerini, 13.5.12: Parties struggling to reach a deal http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_7398_13/05/2012_441926

Blog: Charlemagne: European politics, 15.5.12: Groping towards Grexit http://www.economist.com/blogs/charlemagne/2012/05/euro-crisis-0

EUObserver, 15.5.12: Juncker slams Greek euro-exit 'propaganda' http://euobserver.com/19/116268

EurActiv, 15.5.12: Talk of Greek exit from eurozone gathers pace http://www.euractiv.com/euro-finance/talk-greek-exit-eurozone-gathers-pace-news-512707

Spiegel Online International, 14.5.12: opinions about this topic. Print E-Mail Feedback 05/14/2012 Time to Admit Defeat Greece Can No Longer Delay Euro Zone Exit http://www.spiegel.de/international/europe/why-greece-needs-to-leave-the-euro-zone-a-832968.html

La Stampa, 15.5.12: The euro exit is a bluff (via PressEurop) http://www.presseurop.eu/en/content/article/1989641-euro-exit-bluff

EUObserver, 14.5.12: Eurozone in 'very political' meeting on Greece and Spain http://euobserver.com/19/116245

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