Senior finance specialists expect the UK to remain in the EU for years to come, but expect Greece to leave the Euro within the next three years.
A study by emerging markets and G10 independent strategist Olivier Desbarres found that 90% of portfolio managers, analysts and finance specialists expect the UK to still be the EU in 18 months time, with 87% expecting the situation to remain the same in three years’ time.
In response to the results, Olivier said: “With UK growth robust and the labour market further im-proving, a reasonably content electorate is less likely to look for people or institutions to blame out-side of the UK’s frontiers.”
“The recent ‘yes’ vote in Scotland’s referendum on UK membership suggests we should not un-dermine the collective desire to be part of a union.”
However the specialists were less sure on Greece’s future.
Nearly two-thirds thought Greece would still have the Euro in three months’ time, but that dropped to just over a third when asked if they thought the struggling country would have the Euro in three years.
On Greece, Olivier said: “ One could therefore argue that the ratio of respondents expecting Greece to stay in the eurozone at least in the near-term would be a little higher now.”
72 respondents filled in the survey, with 20% being portfolio managers, 18% analysts and the re-maining 62% industry specialists.
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