Romania Will Need Plan B If Greece Exits Euro Zone

09.29.2011 By Claudia Medrega

Finance ministries and central banks also work with scenarios that consider the exit of Greece from the euro zone and Romania should have a plan B for a prospective bankruptcy of Greece, in which case five banks on the Romanian market would be controlled by a Greek state “on life support,” according to economics professor Daniel Daianu, a former Finance Minister.

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Keywords:
BANKS
, GREECE
, DAIANU
, BANKRUPTCY