All Hellas may break loose - Hindustan Times
The euro is the only currency whose linguistic origin is in ancient Greek. More the irony then that contemporary Greece and the euro are heading for a clash that will leave one devastated. The market expectation is that Greece must leave the eurozone. The new Greek elections in June will make little difference. Athens won’t pursue austerity, the bailout tap will then shut down, Greece’s banking system will go belly up and the eurozone will start to come apart. The only issue will be whether the ‘Grexit’ will be messy or whether it will be managed. That matters: depending on estimates, the former will cost an affordable $300 billion or so, the latter will cost $1 trillion and above.

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What happened (in 2002) was a blot. But it’s not good if we remember just that and forget other things that are happening. I congratulate Narendra Bhai. Gujarat’s development is helpful for India and if Gujarat develops the nation will also develop. I hope Narendra Modi won’t be confined to Gujarat for long and the nation will get his services.
Nitish Kumar, in December 2003

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