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Grexit wrap – lunchtime edition

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

Euro may hit $1.20 even before the Greek elections

In a conference call on Thursday, Nomura analysts made some bearish predictions about the outcome of the euro crisis.

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Monti suggests Merkel will agree to Eurobonds 

After the (useless, as usual) EU heads of state meeting, Mario Monti states that Germany (Angela Merkel) can be persuaded that Eurobonds are necessary...

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Eurobonds won’t happen anytime soon 

...However, Edward Harrison doesn’t see them on the horizon anytime soon

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Germany, bad debts and Third World War 

The whole EU crisis is about bad debts.

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