Grexit remains unlikely, but time is against the Greek government

Codogno, L. (2015). Grexit remains unlikely, but time is against the Greek government.
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Eurozone finance ministers met on Tuesday to discuss the Greek debt crisis following the country’s ‘No’ vote in its bailout referendum on 5 July. Lorenzo Codogno writes that while a Grexit remains unlikely, the risks have clearly increased since the referendum and the financial and economic situation in Greece may further deteriorate before a solution is in sight.

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