Greece Poised to Leave Euro, Swedish Finance Minister Says

Greece could leave the eurozone within the next six months, the Swedish finance minister Anders Borg has warned.

by Angela Monaghan
Telegraph.co.uk

Greece could leave the eurozone within the next six months, the Swedish finance minister Anders Borg has warned.

“It’s most probable that they will leave,” Mr Borg said, speaking from the annual meetings of the International Monetary Fund in Tokyo.

“We shouldn’t rule out this happening in the next half-year.”

His comments came before a meeting of European Union leaders in Brussels on October 18-19, to discuss strengthening economic and monetary ties in a bid to restore confidence in the single currency.

Mr Borg said a Greek exit was unlikely to have a major impact on markets because “in practice everyone already understands which way the wind is blowing.”

Continue Reading at Telegraph.co.uk…

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