Mahathir Says Limited Asia Threat if Greece Exits Euro
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Greece leaving the euro would have limited effect on Asia and the Mediterranean country should study such an exit as a way to restore competitiveness, Malaysia’s leader during the 1998 Asian financial crisis said.
“I think if it’s just Greece alone it will not affect the Asian market that much,” former Malaysian Prime Minister Mahathir Mohamad said in a Bloomberg Television interview in Tokyo May 26. “With Greece it will still be possible to confine the effect more to Europe than to the rest of the world.”