Ifo Institute for Economic Research

Europe must let Greece exit the euro zone and go bankrupt because that would be the best for both, said President of Germany's Ifo Institute for Economic Research Hans Werner-Sinn. Speaking to CNBC on Monday, the German economist said that...

The German economist and President of the Ifo Institute for Economic Research in Munich, Hans-Werner Sinn, spoke in favor of a temporary exit from the Eurozone for countries such as Greece and Cyprus. He suggested creation of a monetary union...