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GreekReporter.comGreek NewsHarvard University Professor Rogoff: Greece will Default

Harvard University Professor Rogoff: Greece will Default

Harvard University professor Kenneth Rogoff insists on Greece’s default on its debts, despite the bailout programme from the European Union and the International Monetary Fund, according to Bloomberg.
“Greece has quite a track record of default,” Rogoff said in a presentation in Oslo. “That is certainly something we may see in the future.”
Eurozone countries that face fiscal problems will probably have to restructure their debts, Rogoff said.

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