S&P assumes Greece to be in euro at year-end

Tue Jun 23, 2015 6:09am EDT
 
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LONDON (Reuters) - Standard & Poor's central forecast is that Greece will still be in the euro and the European Union at the end of 2015, although even a late deal to stave off default will not resolve its problems, chief rating officer Moritz Kraemer said on Tuesday.

"Our base case is they will be in both," Kraemer told a financial seminar in London.

(Reporting by Marius Zaharia and Patrick Graham)

 
A view of signage at the entrance of the Bank of Greece headquarters in Athens, Greece June 23, 2015  REUTERS/Marko Djurica