White House adviser says "Grexit" carries major risks


  • World
  • Tuesday, 21 Apr 2015

European Commission President Jean-Claude Juncker holds a news conference following a European Union leaders summit in Brussels, March 20, 2015. REUTERS/Eric Vidal

BERLIN (Reuters) - A Greek exit from the euro zone would carry significant risks for the global economy and no one should be under the impression that financial markets have fully priced in such an event, the chairman of the White House Council of Economic Advisers said.

The comments by Jason Furman in an interview with Reuters in Berlin are among the strongest by a senior U.S. official and are at odds with those of German Finance Minister Wolfgang Schaeuble, who told an audience in New York last week that contagion risks from a so-called "Grexit" were limited.

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