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Greece expected to retain Euro membership and find a “face-saving solution” says CrédAg Private Banking

An overdependence on imports has motivated Crédit Agricole Private Banking to “prevail in thinking that a face-saving solution will be found” amid a referendum that will be held over the weekend to determine Greece’s future in the Euro. Despite the benefits that come with a fixed exchange rate—lower inflation, stable exchange rates, improved monetary and fiscal policies, lower transaction costs…

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