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Standard & Poor’s Greek Predictions

Standard & Poor has predicted that Greece will still be included in the European Union and will still use the euro, by the end of this year.

Standard & Poor's Chief Rating Office Moritz Kraemer stated this and added that even with a late agreement to prevent default status, the nation's challenges will not be rectified.

At a financial meeting in London yesterday, Kraemer commented, "Our base case is they will be in both."

(Source: Reuters)