Jun 29, 2015

IVAM Executive Panel, June 2015: How will Greece and Europe emerge from the crisis?

Jun 29, 2015




A few days before the term of payment to the International Monetary Fund (IMF) and the financial rescue package for Greece expire, the IVAM Microtechnology Network has asked selected executives in the microtechnology industry what they consider to be the worst or the best possible outcome of the crisis.

Half the participants in the IVAM Executive Panel survey in late June 2015 think that a national bankruptcy would put the most strain on Europe. The Greek bankruptcy would have an adverse effect on the further development of the euro as well as on the European economy.
 
According to the industry experts, a withdrawal of Greece from the euro zone would be a more sensible way out of the dilemma from an economic perspective. The "grexit" would open up new perspectives in particular for Greece. An individual currency can be revalued according to economic dynamics, which might lead to a revival of the economy and possibly to value-adding establishment of new industry.

The IVAM Executive Panel is a group of selected experts and opinion leaders from industry and science.

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