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Greece will need debt relief of at least 10% of GDP: Pro

Friday, 23 Aug 2013 | 1:00 AM ET

Thanos Vamvakidis, head of European G10 FX strategy at BofA Merrill Lynch Global Research, tells CNBC that there are two issues in Greece, a funding gap in 2014 and 2015 and the debt dynamics are unsustainable.