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Bookmaker bets Greece will exit euro by end of 2012

Posted By admin On November 3, 2011 @ 8:11 am In Money Watch,Tile | Comments Disabled

AFP [1]
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.

Full article here [1]


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[1] AFP: http://www.rawstory.com/rs/2011/11/03/bookmaker-bets-greece-will-exit-euro-by-end-of-2012/

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