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Austerity

World news about “Austerity” published by euronews.

BRUSSELS BUREAU | 02/07 16:04 CET

Grexit could hit other eurozone countries

Grexit could hit other eurozone countries

A Greek exit from the eurozone could send shockwaves through the single currency area. If investors no longer see membership as permanent, they might ask countries such as Spain and Portugal to pay higher borrowing rates. But members of the ruling-centre right…