They say the worst investment you can make is to stick with a bad one.
Maybe the powerbrokers of the euro zone have finally realized that with regards to their investment in the Greek government. It’s time to cut their losses and instead work on saving the salvageable parts of the euro-zone financial system.
A series of stories that have roiled currency and bond markets these past few days will feed speculation that officials are considering amputating Greece and instead resuscitating the rest of the euro zone.
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