Contagion risk from Greek default is 'low'

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Concerns of a Greek default on its €1.5bn (£1.1bn) repayment to the International Monetary Fund (IMF) due by the end of the month are mounting.

But analysts say the risk of contagion across the euro area would be limited because the majority of Greek debt was held by the European Financial Stability Facility and Eurozone governments. Gr...

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