Babacan Says Greece Euro Exit Shouldn’t Be Allowed

Turkey’s Deputy Prime Minister Ali Babacan said euro area leaders must “definitely” prevent a possible exit by Greece because some other countries may follow, leading to a further acceleration in risk premiums.

Babacan made the comments in a speech at the annual meeting of the Banks’ Association of Turkey in Istanbul today.

To contact the reporter on this story: Sibel Akbay in Istanbul at sakbay@bloomberg.net

To contact the editor responsible for this story: Riad Hamade at rhamade@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.