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"Grexit" must mean ejection (or departure) of the Bank of Greece from the Eurosystem's payment clearing system Target2, and nothing else.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Mon Jun 29th, 2015 at 03:04:09 PM EST

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