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GreekReporter.comGreek NewsEconomyNYU Professor Roubini Claims Greece to Restructure Debt or Return to Drachma

NYU Professor Roubini Claims Greece to Restructure Debt or Return to Drachma

Greece will have to restructure its debt or leave Europe’s monetary union, New York University Professor Nouriel Roubini told Boerse-Online, reported Bloomberg.
Greece’s debt is so high that Greece cannot avoid restructuring, he said.
The only other realistic way for Greece to escape its woes would be to: “drop the euro and introduce a new drachma,” Roubini said, according to Boerse-Online.

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