Economics

Stiglitz Calls Greece’s Euro Exit ‘Really Serious’ for Europe

Stiglitz: Greece Euro Zone Exit Very Serious for Europe

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Greece’s giving up the euro would be “really serious” for Europe, Nobel laureate Joseph Stiglitz said.

“If Germany and the rest of Europe refuses to change the program, I think there’s no alternative” to Greece pulling out of the single currency, Stiglitz told Francine Lacqua in a Bloomberg Television interview on Tuesday.