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Thursday, February 19, 2015

ECB risks crippling political damage if Greece forced to default

The political detonating pin for Greek contagion in Europe is an obscure mechanism used by the eurozone's nexus of central banks to settle accounts. If Greece is forced out of the euro in acrimonious circumstances - a 50/50 risk given the continued refusal ...


READ THE ORIGINAL POST AT www.telegraph.co.uk