Athanasios Orphanides positive after the Greek Elections
I had the pleasure of being able to pick the brains of Athanasios Orphanides a few weeks ago about the Eurozone crisis, and it was good for the soul to see him being positive about the Greek election outcome today on Bloomberg.
Governor of Cyprus’ Central Bank until May 2012, and on his way to teach at MIT’s Sloan School of Management from 2012-2013, Athanasios claims the result demonstrates that the Greeks are willing to do what it takes to stay in the Euro. While this won’t solve the crisis in and of itself, he hopes that it will generate sufficient political momentum at next week’s European Summit to start moving towards the greater political integration that is necessary to make the Eurozone survive.
You can see the full interview here.