TheStreet’s Jim Cramer says despite a breakdown in talks between Greece and the EU, coupled with an unraveling Ukraine ceasefire, Europe is coming back. He advises investors to play the long side on a Greek-Ukraine drop. Cramer says this market is trading off of fundamentals because people feel there will be a Greece deal. And if there isn’t, so what, he says, Europe is coming back and he’s not particularly worried. In terms of Ukraine, they still have a lot of currency reserves in Russia and they can keep this thing up for a while. Cramer says the way to deal with that is to partition. Let them have Crimea, take Ukraine being in NATO off the table while Greece should stretch out debt and that’s how deals will get solved he says.
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