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Europe’s firewalls may not be enough to stem Grexit investor panic

February 20, 2015 10:02 PM
15 0

LONDON — For all the firewalls Europe put in place over the last three years, the actions investors say they would take if Greece left the euro currency bloc suggest the ensuing panic would rumble through financial markets.

As European policymakers struggle to reach a deal to keep Greece from a bankruptcy, experts are making rough estimates of the potential costs of failure.

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