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'Grexit' poses medium-term risks to euro: Italy

Greek euro exit will demonstrate union is not permanent, says Italy finance minister
Saturday, May 23, 2015 - 05:50

Rome

GREECE crashing out of the euro, or "Grexit", does not pose a short-term risk to the shared European currency but a medium-term one as it demonstrates that the union is not permanent, Italy's finance minister said on Friday.

If Greece abandons the euro, "the monetary union

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