Global Financial Crisis

Managing Director of the International Monetary Fund (IMF) Christine Lagarde arrives at an extraordinary euro zone Finance Ministers meeting (Eurogroup) to discuss Athens' plans to reverse austerity measures agreed as part of its bailout, in Brussels (REUTERS/Eric Vidal).

Blog Post

How might Greece fall out of the eurozone?

February 20, 2015, Douglas J. Elliott

Although he considers the probability of a Greek exit from the eurozone to be unlikely, Douglas Elliott argues that it is worth exploring how a 'Grexit' might happen. The process, he writes, would likely be undertaken very reluctantly and in stages.

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