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Greece's upcoming election on June 17 is another such moment. While the so-called "pro-bailout" forces may prevail in terms of parliamentary seats, some form of new currency will soon flood the streets of Athens. It is already nearly impossible to save Greek membership in the euro area: depositors flee banks, taxpayers delay tax payments, and companies postpone paying their suppliers -- either because they can't pay or because they expect soon to be able to pay in cheap drachma
Originally posted by starwarsisreal
If that's the case should we get ready for European economic refugees coming into US borders? Britain is planning to close their borders so will they come to the USA?
The EU is Mexico's second biggest export market after the USA, and the third largest source of imports after US and China. The EU and Mexico have concluded a Free Trade Agreement which entered into force in October 2000. The bilateral stock and flow of investment is significant.