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Greece Will Be Out Of Euro If Bailout Not Signed: Spokesperson
Greece may be forced out of euro if Eurozone leaders failed to agree on the second bailout package in three months, reports said citing a television interview of a Greek government spokesperson.
“The second bailout agreement must be signed otherwise we are out of the markets, out of the euro,” reports quoted spokesman Pantelis Kapsis as saying in an interview to television channel Skai.
European leaders have proposed a second loan package worth EUR 130 billion to Greece as the first EUR 110 billion bailout proved insufficient to stabilize its public finances.
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