News - Europe
Categories: Europe
Bil McQuaker, head of multi-manager at Henderson Global Investors, has said developments in the region over the last few days mean Greece could now default but stay in the single currency.
Responding to statements from European leaders including German chancellor Angela Merkel, McQuaker said there was a probability Greek would default on its debt in the near future.
However, he said eurozone leaders have now made it clear Greece will not be kicked out of the euro if it does default, as the impact it would have on the region would be too damaging.
Comments
The big question
Updating your subscription status 
IW Fund Centre
Run in conjunction with Funds Library, the IW Fund Centre combines qualitative and quantitative data on a huge range of funds.
Have your say
This week: What will happen to the eurozone if Greece leaves?
Job of the week
Events
12 Jun 2012 - 12 Jun 2012
The Cumberland Great Cumberland Place, London W1H 7DL
05 Jul 2012 - 05 Jul 2012
Royal Albert Hall, London Kensington Gore London, Greater London SW7 2AP
