ECONOMY

El-Erian sees chances of Grexit at 60-70 pct

Pacific Investment Management Co?s Mohamed El-Erian said Greece remains likely to quit Europe?s common currency.

The chances of a Greek exit are between 60 and 70 percent, El-Erian, chief executive officer at PIMCO, said during an interview on Tuesday with the Toronto-based BNN television network.

[Bloomberg]