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26 January 2011

EUROZONE: Davos Poll Sees Greece/ Ireland Defaults, Euro Break By 2016.

BLOOMBERG/ Simon Kennedy /

  A Bloomberg poll reports that 59% of the world's elite attending the exclusive Davos Switzerland economic retreat believe that at least one nation will exit the euro in five years and that Greece and Ireland will default.
  “The problems in Europe have been addressed, but only with a band aid,” said Indiana banker Ted Jarvis. “Several euro members have not followed the correct policies and dug themselves a deep hole.”
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Labels: Bloomberg poll, Davos
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