My apologies for the length of this week's Monday Briefing
which reflects the complexity of events taking place in Greece. As
usual, we cover the macroeconomic side of this story here; for
advice on the potential business risks associated with a country
exiting the euro area please contact my colleagues, Rick Cudworth
or David O'Neill, in Deloitte's Risk Advisory Practice, at
[email protected]
or [email protected].
Last week Greece's Prime Minister, Alexis Tspiras, rejected
the latest bailout offer by Greece's international creditors
and sought endorsement of his decision in a referendum, due to be
held next Sunday, 5th July. Mr Tsipras appears to be calculating
that a rejection of the proposals by the Greek people will
strengthen his hand in negotiations with Greece's creditors.
There is, of course, a fair chance it could have the opposite
effect.
