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    The only alternative to Greece quitting the eurozone is the emission of eurobonds.
    These would make one pile of all eurozone debts on a common denominator, and relieve Greece and the other southern EU states from their present bailout situation.

    Germany is opposed to eurobonds, for obvious reasons. The country would go into a nosedive towards bankruptcy if they accepted. Adding to that, it would be against the German constitution.

    One argument used in favour of eurobonds is that it would be the basis for a federal Europe (Eurozone countries), similar to when the United States joined the debt of all individual states into one federal debt towards the end of the 18th century.

    As Germany refuses this idea, it is clear that the euro is in for something.
    However, in my opinion, should Greece quit the euro, and also any other country that is on bailout status, the euro would become stronger, as only strong economies would be left using euros.

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