by Christos Aivaliotis
GREXIT. That was the boogie man for the last years. Greece willingly or by force leaving the Eurozone. Consequences for Portugal, Ireland, Spain (rest of the PIGS), or even Italy or France. Endangering the very existence of the common currency. Personally I never believed it can happen. Not because of blind faith to the competence of ruling political class of Greece to face the challenges of the financial crisis. Neither because I believed other European elites would do anything to protect one of the weakest members of the European family. It was purely because I have spent most of my adult years studying the EU. With such a complex political and legal system, it is unimaginable that such a dangerous decision for the EU itself would be rushed when so many other positive steps had to wait years of treaty reforms, parliamentary votes, national vetoes and referenda. (If it was that easy, I am afraid our friends across the Channel would have left us long ago).
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