Bloomberg with a piece on the wide spread of views regarding the possibility of Greece exit from the euro:
- Strategists at Commerzbank AG say there's a 50 percent chance Greece will leave the euro (When earlier negotiations were halted abruptly on Monday, and Greece said it couldn't accept "absurd" demands from its creditors, Commerzbank raised its estimate on the chances of the nation exiting the euro to 50 percent from 25 percent)
- Barclays put the exit risk higher than in the 2012 debt crisis
But the Bloomberg Greece Sovereign Bond Index shows a less significant increase in the chances of a euro-zone departure
- The index is a market-value weighted measure of Greece's bonds
- Was at 90.05 at Wednesday's close, 23 percent above its five-year average, and more than five times higher than the 17.2 level reached in 2012
"When we look at Greece we think it's a lot more sustainable than people might think," Alan Higgins, U.K. chief investment officer at Coutts & Co. in London, which oversees about $48 billion, said in a Feb. 17 interview on Bloomberg Television. "Exit is extremely unlikely." Greek debt "will rally on an agreement and potentially we'll buy into that," he said.
more to come
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And ... where we are currently at: Developing: Differing reports on EU response to Greece
