One in four investors believes Euro break-up is looming

sentix_logo_web

58b57bc2c4618874698b45eb

https://www.rt.com/business/378899-eurozone-collapse-investors-crisis/

The number of investors predicting the eurozone will lose at least one member this year has increased, according to the Frankfurt-based Sentix research group. The risk of contagion is regarded to be even bigger than during the debt crisis in 2012/13.

The group’s ‘euro break-up’ index is based on 1,000 investors. The index rose to 25.2 percent in February from 21.3 percent in January, according to the report quoted by Reuters. This means every fourth investor predicts a euro break-up in the next twelve months.

The risk of contagion has risen above 45 percent, more than during the peak of the 2012/13 eurozone debt crisis, Sentix said.

“After two years absence, the euro crisis is back in the spotlight. However, this time is different. The protagonists have multiplied as France and Italy now join Greece as likely exit candidates,” said Sentix researched Manfred Huebner.

“Investors fear forecasters might get it wrong again after last year’s surprise victory of [US President Donald] Trump and Brexit,” he added. Huebner added that Marine Le Pen’s presidential win in France is less likely.

Last week, a majority in the Netherlands Parliament voted in favor of asking the government’s top advisory body to examine if the single currency works.

According to lawmaker Pieter Omtzigt, the probe will analyze whether it is necessary and possible for the country to ditch the euro and if so how.

———-

if you dont think it will break it up..what would be the evidence that it will still be intact in 3-4 years?

“The risk of contagion is regarded to be even bigger than during the debt crisis in 2012/13.”

uh huh..

“Last week, a majority in the Netherlands Parliament voted in favor of asking the government’s top advisory body to examine if the single currency works.”

committees for everything..

401

Advertisements

~ by seeker401 on March 3, 2017.

One Response to “One in four investors believes Euro break-up is looming”

  1. Reblogged this on World Peace Forum.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: