iBankCoin
Joined Nov 11, 2007
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Citi Still Estimates There is a 50-75% Chance of a Grexit

“Citi’s economics team led Willem Buiter and Michael Saunders made some noise late last week when they wrote that Greece would exit the euro on January 1, 2013.

Despite the results of this weekend’s Greek elections, which favors bailouts, austerity, and the euro, Citi continues to believe Greece is likely to exit the euro.

Here’s a clip from the published by Citi’s Jurgen Michels:”

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