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09-02-2015, 02:49 PM
A view on Greek exit issue from Greenspan...
Greenspan sees Greek exit from euro as just a matter of time
LONDON (Feb 9): Greece’s exit from the euro is just a matter of time because no one wants to risk lending money to the country any more, according to Alan Greenspan.
Hours before Prime Minister Alexis Tsipras was due to set out plans on how to keep his government paying its bills, the former Federal Reserve chairman said the nation’s crisis can’t be resolved as long as it remains in the single currency.
“I don’t see that it helps them to be in the euro and I certainly don’t see that it helps the rest of the euro zone,” Greenspan said in a radio interview with the BBC on Sunday.
“I think it’s just a matter of time before everyone recognizes that parting is the best strategy.”
...
http://www.theedgemarkets.com/sg/article...atter-time
Greenspan sees Greek exit from euro as just a matter of time
LONDON (Feb 9): Greece’s exit from the euro is just a matter of time because no one wants to risk lending money to the country any more, according to Alan Greenspan.
Hours before Prime Minister Alexis Tsipras was due to set out plans on how to keep his government paying its bills, the former Federal Reserve chairman said the nation’s crisis can’t be resolved as long as it remains in the single currency.
“I don’t see that it helps them to be in the euro and I certainly don’t see that it helps the rest of the euro zone,” Greenspan said in a radio interview with the BBC on Sunday.
“I think it’s just a matter of time before everyone recognizes that parting is the best strategy.”
...
http://www.theedgemarkets.com/sg/article...atter-time
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