Analyse fra BNP Paribas:
Greece: Last chance saloon The market focus remains on the Eurogroup meeting on 18 June, which many consider to be Greece’s last chance to reach a deal before its current bailout scheme expires at the end of the month. Based on recent comments by a number of officials, however, the chances of a lastminute deal look to be slim.
A deal to unlock the disbursement of the last tranche of Greece’s current bailout programme is still possible, though time is running out. Another extension of the programme also remains an option, but the probability of a default has increased considerably.
A default on money owed to the IMF and the ECB would not necessarily mean Greece exiting the eurozone, however, even though this is what markets would probably conclude. In this note, we look at the possible scenarios and their repercussions on for Greece, the eurozone economy and the markets.