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Greek deal or not, the euro is now a different beast
By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency - and maybe even for the better. Deal or no deal on staving off Greek default or 'Grexit', euro governments have talked openly for the first time of how Greece could slide uncontrollably out of the currency bloc if it failed to agree bailout terms and meet debt payments. Of course, all insisted that keeping Greece in the bloc was still 'Plan A' at least. But the signaling was clear for all who wanted to hear: failure to reach a deal could reverse the ... (full story)
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- Jun 24, 2015 9:59am Jun 24, 2015 9:59am
- senanata
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- Jun 24, 2015 10:26am Jun 24, 2015 10:26am
- bigmanvan
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- Jun 24, 2015 11:20am Jun 24, 2015 11:20am
- ThunderHeart
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- Jun 24, 2015 12:51pm Jun 24, 2015 12:51pm
- PipsExpress
- | Membership Revoked | Joined Jun 2014 | 112 Comments
the approximate present does not approximately determine the future
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- Edited 1:42pm Jun 24, 2015 1:29pm | Edited 1:42pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Jun 24, 2015 1:35pm Jun 24, 2015 1:35pm
- rigpa
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