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Wednesday, March 25, 2015

Greek central bank governor says 'Grexit' is not an option

LONDON (MarketWatch) -- Bank of Greece Governor Yannis Stournaras on Wednesday rejected the idea of a Greek exit from the eurozone, arguing that a so-called "Grexit" would "deliver no benefit but a lot of pain." Speaking at an event in London, the governor said the Greek economy has already restored competitiveness by driving down wages and prices, so there's no reason for an exit. "In case of ...


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