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Risks to ‘a very bad outcome’ are growing - UK's Osborne

FXStreet (Mumbai) - Speaking on the sidelines of the G20 finance ministers meeting in Turkey, UK Chancellor of Exchequer George Osborne said the danger of miscalculation leading to a "very bad outcome" between Greece and the Euro area is increasing.

Key Quotes:

"It’s clear that the risks to the world economy, the risk to the British economy of this standoff between the euro zone and Greece, is growing each day,"

"The risks of a miscalculation or a misstep leading to a very bad outcome are growing as well."

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