Photo Gallery: Time for a Sharp Grexit?
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Photo Gallery: Time for a Sharp Grexit?

Foto: Milos Bicanski/ Getty Images

Time to Admit Defeat Greece Can No Longer Delay Euro Zone Exit

After Greek voters rejected austerity in last week's election, plunging the country into a political crisis, Europe has been searching for a Plan B for Greece. It's time to admit that the EU/IMF rescue plan has failed. Greece's best hopes now lie in a return to the drachma. By SPIEGEL Staff
Graphics Gallery: Greece by the Numbers
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Graphics Gallery: Greece by the Numbers

Foto: DER SPIEGEL
Translated from the German by Christopher Sultan