Return to the Drachma? Economists Warn Greece May Have to Quit Euro

Greece's debts are rising rapidly despite radical austerity measures. Now a group of leading European economists has warned that creditors might have to write off more than 30 percent of their loans. Greece might even have to reintroduce the drachma to overcome its debt crisis, they argue.
The Parthenon on the Acropolis: Greece's finances are continuing to crumble.

The Parthenon on the Acropolis: Greece's finances are continuing to crumble.

Foto: ORESTIS PANAGIOTOU/ dpa
cro -- with wire reports