The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

06.07.2015 - Experts predict a Greek exit from the Eurozone

In Germany stated that they do not see any reason for the resumption of negotiations on the reforms in Greece, which are necessary for the country's debt restructuring. German Chancellor Angela Merkel said that respects the results of the referendum, which took place yesterday and where about 61% of the electorate voted against the proposals on austerity measures from the creditors. According to some analysts the probability of a Greek exit from the Eurozone is about 70%. This process can begin if Greece will fail to pay about 3.5 billion euros of government bonds on July 20. We expect a decline of the euro in the medium term to the next levels of 1.0900, 1.0700 and 1.0500.

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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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