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Chance of Italy leaving euro zone hits four-year high: survey

Published 11/29/2016, 02:41 AM
Updated 11/29/2016, 02:50 AM
© Reuters. Chance of Italy leaving euro zone hits four-year high: survey

LONDON (Reuters) - An investor survey showed the chance of Italy leaving the euro zone over the next 12 months at 19.3 percent on Tuesday, the highest reading since the poll started in June 2012.

The survey by Frankfurt-based Sentix comes ahead of the country's referendum on constitutional change on Sunday, which could unseat the government of Prime Minister Matteo Renzi and stoke a nascent banking crisis.

Over 1,000 institutional and retail investors were polled between 24-26 November. Last month's poll saw Italy for the first time overtake Greece as the country most likely to leave the euro zone, with a 9.9 percent chance seen.

The chance of any country leaving the euro zone stood at 24.1 percent, well below a peak of over 70 percent seen at the height of the euro zone debt crisis in 2012.

Latest comments

Why let an outside force control your country. The EU was supposed to assist in the economy of European countries not control them. People getting tired of being control by governments. Specially the ones that not part of their country. The sanctions that the governments put on out hurt the average person holding them back from acting, thinking, and accomplishing their goals. The governments should assist their people. Education, work, and free thinking allow the people to succeed. Thus higher wages for the person. Then more taxes, NOT HIGHER TAX, for the government.
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