Olivier Blanchard, director of research at the International Monetary Fund, says Greece’s troubles pose little threat to the broader global economy.
In a statement on Thursday, Blanchard said the world economy has “withstood the stress tests of the last two weeks fairly well.”
Blanchard noted that Greece makes up just 2 percent of the 19-nation eurozone’s economy and less than 0.5 percent of the world’s economy.
“We continue to hope for and work toward a positive solution by which Greece remains in the eurozone,”
he says.