Two top economists call for Greece to stay in euro

Two top commentators have given their views on how euro leaders should take steps to resolve the eurozone debt crisis, with both calling for Greece to stay in the euro.

Invesco Perpetual's John Greenwood and Kames Capital's Bill Dinning have outlined three "easy" steps, which, in their view, would alleviate the problems in peripheral Europe and avoid contagion spilling over into the rest of the world's banking systems and economies. However, despite consensus views getting to grips with an imminent ‘Grexit' from the euro, it was reiterated that this should be avoided or it will quickly be followed by calls for Portugal and Ireland to do the same, leading to bank runs, depreciating new currencies, financial market woe and even more debt write-offs. Gr...