No easy solutions for Greece and the euro
He argues that the costs of staying in the Euro for Greece would exceed the costs of a possible recession. He argues that public finances and business certainty would be improved by getting the pain of transition over sooner rather than later.
Read the article in full on The Guardian here.
Summary
Dr Eamonn Butler writes a letter in The Guardian arguing that the costs of Greece staying in the Euro will be far higher than it leaving the Eurozone now.