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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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URLs in this post:

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

[2] Greece could quit the euro, admits Merkel as global markets are plunged into turmoil: http://www.prisonplanet.com/greece-could-quit-the-euro-admits-merkel-as-global-markets-are-plunged-into-turmoil.html

[3] Greece Considers Exit from Euro Zone: http://www.prisonplanet.com/greece-considers-exit-from-euro-zone.html

[4] InTrade Odds On Euro Collapse By End Of 2012 Now At 50%: http://www.prisonplanet.com/intrade-odds-on-euro-collapse-by-end-of-2012-now-at-50.html

[5] Cost of Greek exit from euro put at $1tn: http://www.prisonplanet.com/cost-of-greek-exit-from-euro-put-at-1tn.html

[6] US Companies Brace for an Exit from the Euro by Greece: http://www.prisonplanet.com/us-companies-brace-for-an-exit-from-the-euro-by-greece.html

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