ECB's Asmussen: Greek exit manageable but not preferable
Source: Reuters
(Reuters) - A Greek exit from the euro zone would be manageable, European Central Bank policymaker Joerg Asmussen was quoted on Monday as saying, although he would prefer it if the crisis-stricken country remained within the single currency bloc.
He also said that the Bundesbank, whose chief ECB President Mario Draghi singled out earlier this month for expressing reservations over the bank's new bond-buying plans, was not isolated in Europe.
The comments on Greece from the ECB executive board member, Germany's deputy finance minister until he took the post at the end of last year, sum up a growing debate in Berlin on the possibility of cutting Greece free.
Read more: http://uk.reuters.com/article/2012/08/20/uk-ecb-asmussen-idUKBRE87I0CA20120820
Gathering steam now.
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