(Reuters) - A Greek exit from the euro zone would be catastrophic not just for Greece, the head of the euro zone's temporary rescue fund said on Monday, a day after pro-bailout ruling parties lost their majority in parliament in Athens.
If Greece exited the euro zone that would "of course have a huge impact not just for other program countries, not just for the banks, but also for Greece itself," Regling said, adding Greece's public creditors would also suffer. "It would be a catastrophe for Greece."
Regling also said it was completely out of the question that the European Stability Mechanism (ESM) would directly recapitalize banks, a proposal by some policymakers to help Spanish banks.
(Reporting by Gernot Heller; Editing by Noah Barkin)
Δημοσιεύτηκε από το Reuters στις 07/05/2012! Οπότε μην μασάτε στα ψέμματα!!!
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