The FT notes that research by the Economist Intelligence Unit commissioned by RBC Capital Markets reveals that world business leaders see a growing risk that the eurozone could break up in the next three years. Half of the 440 chief executives and heads of banks questioned say there is a greater than 50 percent chance of one or more countries leaving the eurozone by 2013. More than a third (36 percent) see at least a 25 percent chance of a complete breakup over the same period. Germany is perceived as the fifth most likely country to pull out, which the article notes may reflect the respondents’ concern that Berlin may lose confidence in monetary union if the crisis continues.
Saturday’s Guardian reported that, in its first major test, Greece will next month launch its first debt sale since it was forced to accept a €110bn (£90bn) bailout in May.