01-07-2015 11:50 via news.yahoo.com

Blackstone CEO says euro zone could contain Grexit contagion

The EU should be able to contain the fallout of a possible exit of the euro zone by Greece, whose economy and financial system is at real risk ahead of a referendum on Sunday, the chief executive of private equity fund Blackstone said on Wednesday. Blackstone Chief Executive and Chairman Stephen Schwarzman said that the euro zone could contain a 'Grexit'. "I would be surprised if it (the Greek referendum) were not a strong 'Yes' vote because the country is at real risk in terms of stability of t
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