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File: sentix Euro Break-up Index May 2015

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Some calm before the showdown

In May, the sentix Euro Break-up Index recedes from 49.0% to 41.2%. Investors obviously take – despite Greece’s still unclear future – comments of the Hellenic government serious that the country wants to keep the common currency. And a default on its debt could still be an option while staying in the euro! At the same time, investors rate dangers of contagion emanating from a possible euro-exit of a country as fading.

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