The probability of a break-up of the euro area have risen to its highest rate in two years, showed a survey involving investors’ expectations. Even after Greece came to a financial lifeline agreement with its Eurozone partners, the sentix Euro Break-up Index (EBI) reported its highest score since March 2013, with 38 percent of respondents, mainly German-based individual and institutional investors, expecting the bloc to break-up in the next 12 months, up from 24.3 percent in January.
As the survey suggests, ever more investors expect Greece to leave the euro in the coming months with the rate rising to 37.1 percent from 22.5 percent. A Reuters poll of economists in mid-February gave a one-in-four chance of Greece leaving the currency area in 2015.