ECONOMY

Odds on Grexit get longer

Odds on Grexit get longer

The chances Greece will leave the eurozone this year fell on Friday, according to bookmakers’ odds, with one firm saying the likelihood is now lower than at any time this year and another suspending betting altogether.

Optimism that the country will stay in the 19-nation bloc for the remainder of 2015 has risen after the Greek government submitted last-minute reform proposals to its creditors, proposals which French President Francois Hollande said were “serious and credible.”

[Reuters]

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