Faculty News

Prof. Nicholas Economides on Greece's relationship with the ECB

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Excerpt from Fortune -- "Without fresh funding, Greece could go bankrupt by mid-2015 at the latest. 'This puts the ECB in the most central position,' says Economides. 'The ECB is in a position to throw Greece out of the Euro. They’re not politicians, they’re a bank. Depending on the ECB is an extremely risky position for the new government to put themselves in.'"

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Additional coverage appeared on Bloomberg and Financial Post.