Vladimír Urbánek (Kurzy.cz)
Markets  |  August 20, 2012 09:56:03

Asmussen (ECB) would be manageable GREXIT

According to agency reports on the possible "Grexitu" (Greek exit from EMU) expressed, among other things, ECB board member Jörg Asmussen. In his opinion, it was not completely smooth Grexit and result in loss of growth and higher unemployment, it would be very expensive, but in spite of it all, in principle, was manageable.
According to Asmussen, but should be a priority for Greece stayed in the Union. A substantial part of the work in this direction has to do it yourself Greeks.

Asmussen also stated that it prefers to deal with the crisis of the opportunities and capabilities of the ESM, EFSF before.
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Asmussen (ECB): GREXIT by byl zvládnutelný

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