(3. Mai) An exit from the Eurozone by Greece would place the „whole cohesion of the western alliance in doubt“, the executive managing director of the Institute of International Finance (IIF) has warned.

Hung Tran, who helped to secure the 2012 haircut to Greece‘s debt, said the potential fall out from a Greek exit is „not fully understood“ and predicted the consequences for the 19-nation bloc would be far-reaching.