Grexit Wrap 06/06/12
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Grexit Wrap 06/06/12

A focus on the key news and analysis surrounding the potential Greek exit from the eurozone


Gaming the odds of a Greek euro exit with and without contagion

A key question on trader''s minds is who will win the June 17 Greece election and whether it results in a Greek exit of the eurozone. 

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The eurozone’s architects have created a doomsday machine and a gift for speculative capital

So why did the founders of the euro fail to establish an exit mechanism for the weaker constituents?

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Is India ready for Grexit and collapse of eurozone? Well...

India, it seems, has a “contingency plan” to handle any fallout from a Grexit

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S&P: ''There is at least a one-in-three chance'' of Grexit in the next few months

In a report released on Sunday, Standard & Poor''s analysts join an increasing number of those making scary predictions about a Greek exit from the eurozone.

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Spanish and Greek bank deposits 

According to James Bianco, Spain will cause the euro the biggest problems.

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Greek exit from euro could cost up to $322 billion 

Greece could require as much as €259 billion ($322 billion) in immediate aid to shore up its banking system should the country exit the common currency today, according to Open Europe.

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