Bloomberg Global Poll: Greek Default Seen by 73% of Investors, Traders, Analysts
According to a Bloomberg global poll, investors have little confidence in Europe’s efforts to contain its debt crisis.
Only 23% of the poll participants say they expect the European Union’s ~$1 trillion rescue package to both keep the European monetary union together and prevent a debt default by a government.
More than 60% of those surveyed say they expect the euro to fall further against the dollar over the next 3 months.
The majority of the poll participants - 73% - think that Greece is the most likely country to default on its debt.
