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On the Record

A Conversation about the Greek Elections and the Future of the Eurozone

Douglas J. Elliott, Donald Kohn, and Michael W. Klein

Following the New Democracy party’s victory in the Greek elections on June 17, Donald Kohn, Douglas Elliott and Michael Klein discussed the vote’s implications for Greece and the euro, the situation in Spain and the G20 summit.

“My point of view: we dodged a bullet, but the gun is still loaded. And even outside of Greece, maybe particularly outside of Greece, there are many other areas where things could go wrong.” – Doug Elliott

“The election is good news for the global financial system because if nothing else it’s going to buy some time and give these guys a chance to adjust to potential downside risk.” – Donald Kohn

Topics covered by Elliott, Klein and Kohn include: