November 3, 2011
Bookmaker William Hill offered odds of 4/6 Thursday that Greece will cease to use the euro by the end of 2012, the first time it has bet odds-on that Athens will exit the currency.
It came after Greek Prime Minister George Papandreou’s shock decision earlier this week to offer a referendum on the euro, which has stunned fellow eurozone nations and sparked a revolt among his allies in Athens.
“For the first time we are betting odds-on that the Greeks will quit the euro,” said William Hill spokesman Graham Sharpe in a statement.
This article was posted: Thursday, November 3, 2011 at 8:11 am