One-third of large investors expect Grexit from eurozone

One third of large investors expect a Greek exit from the eurozone as negotiations between Athens and its creditors over a desperately needed bailout package deteriorate. Barry Norris, founding partner of Argonaut Capital, explains to FTfm: “There is a real danger that Greece overplays its hand, leading to the ECB withdrawing liquidity support to the banks and Greece exiting the euro. This would be a tragedy for Greece, but not, I believe, for the rest of Europe.”

 

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