Words from Mr. Tsipras, the leader of the left-wing party contesting the election in June that Greece would not exit the Euro should reassure the markets. After all, it is the most logical choice to stay within the Euro.
Suppose that Greece were to exit the Euro, then what? It would be painful for Greece, which has suffered 5 years of economic decline and whose bond yields for the 10 year are at 28 percent or so. Nobody in Greece would like a continuation of that, and thankfully with the very generous bailout they have negotiated under the government of Lukas Papademos and Evengelos Venilezos, the prospects for the future are likely to improve.
Some of the biggest owners of supertankers were traditionally Greek, and with the pick-up in that sector, which itself augers well for the world economy as a sign of improving trade, augers well for Greece.
Suppose they were to exit the Euro and reinstate the drachma, then what? Without the aegis of the Eurozone, lot of their imports would be on a barter basis, which would bring lots of restrictions.
The Euro is a young currency, but it is the Mother currency of seventeen Eurozone nations. It would be only fitting that all nations pledge support for the Euro and the continuing stability it brings to all the nations. With implementation of a liberal mix of command economic policies (as the nations have social security net) and laisse-faire as they are all free market economies within a region, trading globally with China, U.S, OPEC, Australia, Canada, India, Africa and everyone else will bring and contribute towards a picture of continuining worldwide economic Recovery. For that I pray.