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Greece: A mess with consequences

The country is both defiant and desperate; EU leaders wonder if the small economy is worth saving.

If Greece leaves the euro, it would partially default on debts to the ECB and set up the drachma as its new currency.


AS Greece teeters on the edge of an abyss, the world collectively holds its breath. If Greece is expelled from the eurozone after its "no" vote on needed reforms, the ripple effect will reach far and beyond. The crisis comes at an especially bad time for a wobbly global economy