El-Erian sees chances of Grexit at 60-70 pct

El-Erian sees chances of Grexit at 60-70 pct Pacific Investment Management Co’s Mohamed El-Erian said Greece remains likely to quit Europe’s common currency. The chances of a Greek exit are between 60 and 70 percent, El-Erian, chief executive officer at PIMCO, said during an interview on Tuesday with the Toronto-based BNN television network. [Bloomberg]

ekathimerini.com , Tuesday October 30, 2012 (22:54)