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Greece Should Default Within the Euro Zone: Expert

Greece Should Default Within the Euro Zone: Expert

Yanis Varoufakis, professor at the University of Athens, told CNBC , "this bailout is certainly not the right answer for anyone, for Greece, for the euro zone, for the world. Here we have a typical bankruptcy problem, the first time around we decided to treat it like an illiquidity problem, it

CNBC | February 7, 2012Watch more videos from CNBC

Tags:. .yanis. .bankruptcy. .default. .athens. .bailout

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