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Tuesday, March 27, 2012

Odds of Greece Leaving The Euro? Check William Hill

I am amused to see that the Office of Budget Responsibility (OBR), wary of the likelihood of Greece leaving the Euro, checks the odds of Greece leaving at William Hill the bookmakers.

The Telegraph reports that the OBR’s Steve Nickell told the Treasury Select Committee:
Occasionally I go and look at William Hill, they have the odds on these sorts of things. Last time I looked, the odds of Greece not using euro by the end of the year were the order of about 40pc, a bit lower after the latest Greek bail-out talks.”

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