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Monday, October 1, 2012

Roubini : Greece could exit the Eurozone in 2013, before Spain and Italy

Nouriel Roubini : ..., Greece could exit the eurozone in 2013, before Spain and Italy are successfully ring-fenced; Spain – like Greece – is spiraling into depression, and may need a full-scale bailout by the “troika” (the ECB, the European Commission, and the International Monetary Fund). Meanwhile, austerity fatigue in the eurozone periphery is increasingly clashing with bailout fatigue in the core. - in project syndicate
NOURIEL ROUBINI BLOG