It is an illusion to think that if Greece is expelled from the euro, let alone the EU, it will simply hang there, looking wistfully westwards. For months, financiers and western officials have described exploratory trips to Athens by Iranians keen to see how their relationship might improve further if Greece were pushed out of the euro — and shut out of world credit markets — at the same time as sanctions crack down on the export of Iranian oil.

Bronwen Maddox in The Times.


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