New study says Italy and Spain likely to be bailed out
26 July, 11:57
(ANSAmed) – MILAN, JULY 26 – Citigroup analysts say there is a 90 percent chance Greece will leave the eurozone in the next 12-18 months. In a new study on the crisis, Blommberg reports, the bank reviewed its previous forecast according to which Athens’ chance of leaving the euro was estimated between 50 and 75 percent.
Citigroup analysts estimated Greece’s exit could occur on January 1, 2013, though stating that is not a forecast of a specific date.