'Grexit' tips over to base case for many big banks


  • World
  • Monday, 06 Jul 2015

LONDON (Reuters) - Greece leaving the euro zone has tipped over to become the base case for many international bank economists after Sunday's overwhelming 'No' vote against further austerity imposed by creditors.

A Reuters poll of more than 70 economists published a week ago, just before Greece defaulted on a 1.6 billion euro payment to the International Monetary Fund, placed the median probability of Greece leaving the euro zone at 45 percent.

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