Grexit possible, says Italian finance minister
(AGI) Trento, June 1 - Greece could exit the euro, but therewould be serious short-term repercussions in the eurozone, saidItaly's minister of economy and finance, Pier Carlo Padoan. Headded that a "Grexit" would certainly be possible, but thequestion was whether it was desirable and what the consequenceswould be. Speaking in a public debate at the Trento Festival ofEconomy, he said that "in the short term the consequences wouldbe very limited", but would be "more serious in the mediumterm, because it would mean that the euro was no longer what itwas designed