Greek Euro Entry Raises Currency Concerns
CURRENCY NEWS
ATHENS--Currency analysts have responded to concerns about Greece’s inclusion in the eurozone. While there are risks, they anticipate little effect on the single currency.
Barclays currency strategist Jane Foley said last week that economic growth in Greece was the result of short-term measures, rather than much-needed structural changes.
"The concern is that inflation could move very rapidly," says Gwyn Hacche, senior European economist at HSBC in London. "EMU membership could result in a boom
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