Analysis: Euro exit talk risks self-fulfilling prophecy




 
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Analysis: Euro exit talk risks self-fulfilling prophecy
 
July 23rd, 2012  
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Topic: Analysis: Euro exit talk risks self-fulfilling prophecy


Analysis: Euro exit talk risks self-fulfilling prophecy
PARIS (Reuters) - To understand the impact of a potential Greek exit from the euro zone, imagine an operating theater inside a betting shop. As surgeons prepare to amputate a gangrened foot to prevent infection spreading to healthier parts of the body, gamblers on the sidelines lay bets on which limb will be next for the chop. Talk of a possible Greek exit has already sapped investors' confidence in the 17-nation single currency area and contributed to higher borrowing costs for Spain and Italy. ...




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