ECONOMY

S&P forecasts Greece will still be in euro and EU at end-2015

Standard & Poor’s central forecast is that Greece will still be in the euro and the European Union at the end of 2015, although even a late deal to stave off default will not resolve its problems, chief rating officer Moritz Kraemer said on Tuesday.

“Our base case is they will be in both,” Kraemer told a financial seminar in London.

[Reuters]

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