Greece receives 4-month extension - good or bad for EUR?

[Kevin_LaCoste]

Thoughts? I can’t seem to find any analysis. I’m thinking that a bailout extension would be bad for the EUR (bailouts + recession = bad for currency).

Kicking Greece out, on the otherhand, would strengthen the EUR as it would remove uncertainty and help tighten EUR monetary policy by stopping future bailouts of Greece.

[Arbitrager_on_Acid]

Thoughts? I can’t seem to find any analysis. I’m thinking that a bailout extension would be bad for the EUR (bailouts + recession = bad for currency).

Kicking Greece out, on the otherhand, would strengthen the EUR as it would remove uncertainty and help tighten EUR monetary policy by stopping future bailouts of Greece.

They need to go down to the pub and sort it out over a pint.