Swedish FinMin sees ‘some kind of default’

Sweden?s Finance Minister Anders Borg said ?some sort of default? is still the most likely scenario for Greece as officials from the IMF and Europe visit the country to assess progress in implementing the terms of its second international bailout, Swedish radio SR reported on Thursday.

Borg said he?s not sure if Greece will be able to stay in the euro or be forced to leave the common currency. ?I?m more unsure about that, but with debt levels that high, all alternatives are grim,? Borg said. {Bloomberg]

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