RE:Grexit Good For EldoradoWhile a cheaper currency does help reduce costs this looks at only the positive of exiting the zone.
An exit means that Greece acted in defiance of the euro zone agreements and did not abide by the zone rules that govern members, so where does that leave honouring agreement with a smaller potato like Eld. If a country can renege on agreements with such huge body like the EC euro zone they could as well dishonour agreements signed with Eld.
What we should hope for is that Greece lives up to its committments to internayional bodies then we may hope that they will not renege on agreements with Eld.
So we qualify the statement by saying Greece exit is positive for Eld provided Eld can still be permited to operate the mines.