Economy - Voice of America: Greek Bank Says Euro Exit Would Have Dramatic Effect

Economy - Voice of America economy-and-business

Greek Bank Says Euro Exit Would Have Dramatic Effect May 29th 2012, 19:57 Greece's biggest bank says that if the country exits the euro currency bloc the effect on the nation's populace would be dramatic. As the country heads to a new round of parliamentary elections in mid-June, the National Bank of Greece said Tuesday that a eurozone exit "would lead to a significant drop in living standards for Greek citizens." The country's top lender said that Greeks would lose more than half their income and the value of the reinstated drachma ... Media files: 0483AF12-C4D0-42A7-91FD-8B5CDA2259C6_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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