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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Wednesday, June 17, 2015

Investors too relaxed on 'Grexit' risk, some fund managers warn

By David Randall and Jeffrey Hodgson NEW YORK (Reuters) - Tom Sowanick, a three-decade veteran of the investment business, returned from a trip to Greece this week with a "very sobering view" of its debt crisis: he now expects the country to default on its obligations and leave the euro zone. The founder of New Jersey-based Ahilio Investment Advisors is among a minority of U.S. investors who expect the current tensions between Greece and its creditors to result in a so-called "Grexit", and who are preparing for a potentially major hit to European and U.S. markets. Investors in the United States have been mostly sanguine over the worsening Greek crisis so far.


READ THE ORIGINAL POST AT uk.news.yahoo.com