Greek euro exit would be very costly
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If Greece has to leave the eurozone the cost will be massive.
The European Central Bank and the single currency bloc's governments and banks would be hit with a bill of hundreds of billions of euros.
It is estimated that the ECB, the International Monetary Fund and eurozone nations hold close to 200 billion euros worth of its debt.
A Greek exit from the euro would mean Athens defaulting on those loans which is why the IMF is ready for the worst. IMF chief Christine Lagarde explained: "We at the IMF have to be technically prepared for anything, because it is our job. But I'm not suggesting that this is a desirable solution. I'm just saying this is within the range of multiple options, one that we have to technically look at, obviously."
Economists say Athens' default following a Greek euro exit would wipe out the European Central Bank's capital reserves.
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