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VIENNA (Reuters) – Austria’s Finance Minister said a Greek exit from the euro – or Grexit – “appeared almost inevitable now” and that this would only be possible if Athens first asked to leave the European Union and other countries agreed to its request.
Athens has called a July 5 referendum so that Greek voters can decide on whether to accept new, tougher bailout terms that the government itself opposes. [ID:nL5N0ZD06E]
“The consequences for the euro countries are not nearly as bad as for Greece. It’s clear that one country can under no…