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Rogoff Says Greece May Yet Face Default on Its Debts

Harvard University professor Kenneth Rogoff said Greece may yet default on its debts even after the euro member received a bailout from the European Union and the International Monetary Fund to help keep it afloat.

“Greece has quite a track record of default,” Rogoff said today in a presentation delivered at a conference hosted by the Oslo-based Confederation of Norwegian Enterprise. “That is certainly something we may see in the future.”