Quote of the Week: Lawrence Summers on Greece as a euro-zone member

“Despite what politicians hope, much of economics is not politically determined, and I don’t think one can be completely confident, given the degree of uncertainty that it would introduce, that it would be possible to reestablish confidence in Greece as a permanent euro member. So I think there are real risks.”

Lawrence Summers, Charles W. Eliot University Professor and member of the Belfer Center Board of Directors, on Greece as a  euro-zone member

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