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Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies, Trends

CIC’s Jin says other countries may follow if Greece exits euro

Posted on 23 May 2012

Jin Liqun, chairman of China Investment Corp.’s supervisory board, said European authorities have shown a “lack of leadership” on the euro area’s debt crisis and other countries may leave if Greece exits the single currency bloc.
“Ever since the debt crisis broke out, there has never been a master plan for a resolution,” Jin said at an event hosted by the Centre for Policy Studies in London late yesterday. “The core members of the monetary union certainly have to keep an eye out for possible copycats should the Greeks be allowed to escape from the crisis unscathed.”……………………………………….Full Article: Source


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