Infose, financially how much damage will the ECB and EU nations have if Greece defaults and the total debt is wiped out? The list of commercial banks I saw published states that Commerzbank, HSBC and Credit Agri are the ones with the largest exposure in the 5Bil vicinity. Comparing to the fines incurred for the FX rigging scandal, this is equally significant by comparison but not detrimental to the running of a large commercial bank.
Just seems the alarmist content in some opinions is a natural process to sell sensational content in the popular media.
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