Insight: Greek exit could cost eurozone 100s of billions of euros




 
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Insight: Greek exit could cost eurozone 100s of billions of euros
 
May 17th, 2012  
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Topic: Insight: Greek exit could cost eurozone 100s of billions of euros


Insight: Greek exit could cost eurozone 100s of billions of euros
FRANKFURT (Reuters) - A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and its partners with a crippling bill. A Greek departure would take Europe into uncharted legal waters. The size of the burden other euro zone states could bear gives them a powerful incentive to keep Greece in the currency club. ...




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