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The Greece Debate

|Includes:EUO, FXE, Global X MSCI Greece ETF (GREK)

As the European sovereign debt crisis drags on, there is an increasing body of policymakers considering what was once unthinkable: a Greek exit from the Eurozone. Most recently, European Central Bank policymaker Joerg Asmussen was quoted on Monday as saying that a Greek exit from the Eurozone would be manageable. Although Asmussen clearly stated that "Firstly, my clear preference is that Greece should remain in the currency union," this is an interesting development considering the previous ECB positions of flatly denying the possibility of a Greek exit and emphasizing the detrimental effects of such an exit.

Stocks: GREK, EUO, FXE