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Moody's: One-in-three chance of Grexit

Moody’s Investors Service sees a one-in-three chance Greece will exit the single European currency, though the rating agency’s “central scenario” is for no breakup, the agency’s sovereign chief economist said.

Lucio Vinhas de Souza made the comments on Friday at a conference in Tokyo.

[Bloomberg]

ekathimerini.com , Friday October 12, 2012 (19:35)  
Major international interest in PPC privatization process
State firms for sale must give back EU funds
Agenda
Greece to sell Postbank, Proton in July, stress-test big banks
13 injured in taverna blast in Salamina
Two people are in intensive care and another 11 are being treated for minor injuries after an explosion in a taverna on the island of Salamina, off the coast of Piraeus, on Sunday morning. F...
No damage or injuries as bomb explodes close to Greek embassy in Libya
A bomb went of on the street where the Greek embassy in Tripoli, Libya, is located but the building was not damaged and there were no injuries, the Foreign Ministry said on Saturday. "This l...
Inside News
SOCCER
Atromitos beats PAOK, PAS downs Asteras
The start of the Super League playoffs for Greece’s second spot in next season’s Champions League has complicated things, as the teams that started as underdogs beat the favorites at home on...
SOCCER
AEK set for liquidation and third tier
AEK Athens said on Tuesday it was preparing to declare bankruptcy and seek relegation to the third division. AEK was relegated from the Super League for the first time in its 89-year history...
Inside Sports
COMMENTARY
On a dangerous path
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
EDITORIAL
Carpe diem
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
Inside Comment
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 RECENT NEWS
1. Major international interest in PPC privatization process
2. State firms for sale must give back EU funds
3. Agenda
4. Greece to sell Postbank, Proton in July, stress-test big banks
5. 13 injured in taverna blast in Salamina
6. No damage or injuries as bomb explodes close to Greek embassy in Libya
more news
Today
This Week
1. 13 injured in taverna blast in Salamina
2. On a dangerous path
3. Carpe diem
4. Greece to sell Postbank, Proton in July, stress-test big banks
5. Agenda
6. State firms for sale must give back EU funds
Today
This Week
1. Olympiakos's Euroleague basketball win shows Greeks can 'reach the peak,' says President Papoulias
2. An encouraging sign for Greek universities
3. The vision thing
4. Golden Dawn MP ejected from Parl't after 'Heil Hitler' incident [UPDATE]
5. Greek economy shrank by 5.3% in Q1 of 2013 as recession continues
6. Do trophies mean anything after all?
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