With existential elections looming, Sentix Euro Break-up Contagion Index – a market measure of the contagion risk from one or more countries leaving the euro area within the next 12 months period – has hit its post-2012 record recently…
As Sentix notes, the Eurocrisis is once again in the limelight. And this time the
drama consists of three main actors: Greece, Italy and France.
How
dangerous this tendency for the cohesion of the eurozone could become is
a look at the index to the spreading risk, which has almost climbed to
the 50% mark – an all-time high!
