There is always a price for promises you don't keep!
-
Citi Sees Greek Exit As Soon As September
"Prolonged economic weakness will persist - especially in the peripheral countries - with further periods of intense financial market stress" is how Citi's Willem Buiter's economics team sees the future in Europe. While they continue to believe that the probability of a Greece exit from the Euro is around 90% in the next 12-18 months; but more critically it is increasingly likely in the next six months - conceivably as soon as September/October depending on the TROIKA report. There is a crucial series of meetings and events in coming weeks and while they believe that the ECB's conditional bond-buying (and ESM/EFSF) ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 22, 2012 3:44pm Aug 22, 2012 3:44pm
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
- Comment #2
- Quote
- Aug 22, 2012 3:45pm Aug 22, 2012 3:45pm
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #3
- Quote
- Aug 22, 2012 3:58pm Aug 22, 2012 3:58pm
- Timetraveler
- | Joined Jul 2012 | Status: Horos eimi tes Agoras | 521 Comments
Don't Fight Forces, Use Them.
- Comment #4
- Quote
- Aug 22, 2012 4:06pm Aug 22, 2012 4:06pm
- Wein_sonic
- | Joined Aug 2012 | Status: Member | 201 Comments
- Comment #5
- Quote
- Aug 22, 2012 4:56pm Aug 22, 2012 4:56pm
- sky.phil
- | Joined Nov 2011 | Status: Member | 14 Comments
- Comment #6
- Quote
- Aug 22, 2012 5:26pm Aug 22, 2012 5:26pm
- Tequillo
- | Joined Sep 2009 | Status: Member | 138 Comments
- Comment #7
- Quote
- Aug 22, 2012 5:41pm Aug 22, 2012 5:41pm
- Bosphorus
- | Joined May 2012 | Status: Member | 14 Comments
- Comment #8
- Quote
- Aug 22, 2012 5:54pm Aug 22, 2012 5:54pm
- TraderUSA
- | Joined Aug 2011 | Status: Member | 809 Comments
- Comment #9
- Quote
- Aug 22, 2012 8:27pm Aug 22, 2012 8:27pm
- Guest
- | IP XXX.XX.1.21
- Comment #10
- Quote
- Aug 22, 2012 9:01pm Aug 22, 2012 9:01pm
- Guest
- | IP XXX.XXX.64.93