Morgan Stanley warns of 35% chance of eurozone collapse
Investment bank Morgan Stanley has warned the ramifications of Greece exiting the euro are more serious than markets are anticipating, with a full-scale eurozone collapse now more likely.
In a note sent out to clients on Friday the firm raised its in-house forecast of a eurozone collapse by 10%, now giving it a 35% chance of happening. In the note, from Morgan Stanley's European research...
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