A man begs for money in central Athens on February 12, 2015. AFP PHOTO / LOUISA GOULIAMAKI
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"Grexit" would be sudden, sharp and probably conducted in the dark of night; if Greece were to quit the euro, it would also mark the beginning of a long, hard road – for some harder still than the one already traveled.Then the country would need a new currency, one that history suggests may initially be so weak that already cash-strapped Greeks and local businesses would lose much of their savings.It is not even clear what kind of currency would replace the euro in Greece, whether it would be the drachma again or something else.What, for example, would happen to euros held by Greeks in accounts abroad?Last year Greece paid 7.5 billion euros on energy imports, roughly 5 percent of gross domestic product for the same period.Greece runs a trade deficit of more than 16 billion euros, around 11 percent of current GDP.Many wealthier Greeks are already believed to have moved their cash abroad, starting in 2010 and peaking in 2012 . However, an official at a local company said its money remained in Greece
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