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I don't think they underestimated it. They have studies from London lawyers and even Citigroup on the ECBs responsibilities vis-a-vis the Bank of Greece. This is part of any contentious Grexit scenario. One might even say they are counting on the ECB's unreasonableness.
by Upstate NY on Fri Mar 13th, 2015 at 09:31:14 AM EST
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