Vladimír Urbánek (Kurzy.cz)
Markets  |  October 15, 2012 11:11:51

Borg: Greece leaving the euro area during the six months, the markets but it was not particularly affect


Swedish Finance Minister Anders Borg on ongoing IMF summit in Tokyo, he also stated that in his opinion it is most likely that Greece will leave the euro area over the next six months. This is according to him the most likely possibility of further development. Borg also said that any show of Greece from EMU will most likely have no significant effect on the financial markets, because in practice with such opportunities, most investors expected. Swedish Minister of Finance has been an ongoing issue in the Greek skeptics. Borg also rejects the idea of ??a bank union.

Borg opinion goes against some prominent analysts, for example, when Juergen Michels of Citigroup declined comment in the regular Greek exit probability in the next 12-18 months from the previous 90 to 60%.

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