"Our country's total exposure to a possible Greek default represents around 65 billion euros, well above the 40 billion euros usually cited," Senator Alberic de Montgolfier said in a statement accompanying a report he delivered to Frances upper house of parliament.
The estimate was disclosed as members of the French government, including Finance Minister Michel Sapin, have expressed a willingness to consider reducing Greeces crushing debt load of over 320 billion euros as part of a new rescue programme seeking to avert a Greek default and probable exit from the eurozone .... http://www.ekathimerini.com