Wednesday April 23, 2014 Search
Weather | Athens
23o C
15o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Euro exit is 'likely' and 'manageable,' BAC's Meissner says

Bank of America Corp (BAC)’s head of global investment banking Christian Meissner said it’s “pretty likely” that Greece will leave the euro or quit the European Union altogether if anti-euro parties win Sunday’s elections in Greece, Financial Times Deutschland reported, citing Meissner.

Still, the “significant turbulence” that “doubtlessly” will come if Greece leaves the euro will be “manageable,” Meissner said, according to the German newspaper.

The European debt crisis that has engulfed Spain will not necessarily spread to Italy as the country has more fiscal leeway than Spain, Financial Times Deutschland cited Meissner as saying. [Bloomberg]

ekathimerini.com , Tuesday June 12, 2012 (09:37)  
Credit Agricole said to seek buyer for $554 million Greek loans
Greece qualifies for new debt relief after 2013 budget surplus
Greece, Germany sign deal for IFG
NBG to break free of sovereign shackles with senior bond
Woman dies after falling off state building roof
Police in the district of Peristeri, in western Athens, were investigating the circumstances surrounding the death of a woman who fell off the roof of an Attica regional authority building e...
Tunisian sought over employment scam
Police in Thessaloniki were seeking on Wednesday a Tunisian national over an alleged employment scam. The 59-year-old suspect is believed to have charged 102 people seeking employment over 6...
Inside News
BASKETBALL
Reds and Greens stay alive in Euroleague
Easter – and home advantage – worked wonders for Panathinaikos and Olympiakos who stayed alive in the Euroleague play-offs beating CSKA and Real Madrid respectively on Monday in Greece. Shak...
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
Inside Sports
COMMENTARY
It´s too soon for Europe to declare victory
There was a time not so long ago when the vast majority of experts agreed that a country could not emerge decisively from a financial crisis unless it solved problems of both “stocks” and “f...
COMMENTARY
Reality´s other side
There is plenty of evidence pointing to the fact that the country’s real economy has hit rock bottom and is currently entering a phase of growth. Those who know the market well tend to suppo...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Credit Agricole said to seek buyer for $554 million Greek loans
2. Greece qualifies for new debt relief after 2013 budget surplus
3. Greece, Germany sign deal for IFG
4. NBG to break free of sovereign shackles with senior bond
5. Greece meets budget target for more debt relief from creditors
6. Woman dies after falling off state building roof
more news
Today
This Week
1. FBI seeks to identify victims of suspected US child molester who worked abroad, including Greece
2. Greek debt swells again as Samaras looks to creditors for relief
3. Tunisian sought over employment scam
4. Woman dies after falling off state building roof
5. Greece sees 2013 primary budget surplus at 1.5 bln euros, says deputy finance minister
6. Greece meets budget target for more debt relief from creditors
Today
This Week
1. Greece's market return mirrors return of tourists
2. Greece startup leaders say they can’t break jobless cycle alone
3. Ground-breaking Good Friday mass signals thaw in Cyprus
4. Mayoral candidates clash over Athens mosque plans
5. Government looks to kick on
6. Greece offers to help find Turkish F-16 lost in 1996
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.