economic problems facing Greece

The economic problems facing Greece are a clear evidence of why a currency / monetary union is a bad thing and Greece is better off leaving the Euro and going back to its old currency, the Drachma. Discuss
This is finance topic paper, (final year of university level), you need to have good finance/economic knowledge (monetary union and capital mobility & flight, supplemented with research material on the crisis), and read the gave website articles ( 7 short articles). only 3 pages double space:

Greece has been at the center of the sovereign debt crisis that threatened the very survival of the Euro as a single currency of the 17 member countries (Eurozone). The economic problems facing Greece are a clear evidence of why a currency / monetary union is a bad thing and Greece is better off leaving the Euro and going back to its old currency, the Drachma. Discuss.

Notes:

• This assignment requires you to draw upon class material on monetary union and capital mobility & flight, supplemented with research material on the crisis.
• In discussion questions, it important to look at both sides of an issue (in this case, leaving or not leaving the Euro) before giving ones position with justification.
• How well one does in discussion questions is based on the strength of your/reasoning.