Reuters
September 24, 2011
Saving Greece from a default would be better for the euro zone countries and ease the threat of similar developments in Spain and Italy, Russia's Finance Minister Alexei Kudrin said on Saturday.
"It is better to save (Greece)," Kudrin told journalists at the sidelines of global policymakers' semi-annual meeting in Washington.
"Risks of the world economy would increase drastically and interest on Italy and Spain's debt would increase dramatically and it would be harder for them to service their debt. It's like at the front: breaking the front even narrowly already weakens the entire army and brings the enemy within," Kudrin said.
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