Eurozone break-up increasingly likely

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Nearly fifty per cent (46%) of private investors expect to see two or more member states leave the euro area over the coming 12 months, according to Lloyds TSB International Wealth.

Lloyds TSB International Wealth commissioned YouGov to poll just over 1,000 investors each with more than £250,000 of savings and investments, excluding property. As many as 42% of those polled have high expectations of a “complete break up” of the Eurozone within the next five years. With such low confidence in the EU market, it’ll come as no surprise to learn that just four per cent of investors say they’ve increased their investments in Europe over the last six months.   Philippe Schindler, Chief Investment Officer – EMEA at Lloyds International Wealth, said, “Eurozone markets have...

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