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Eurozone Debt Crisis betting – Greece favourites to leave Euro

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The Eurozone Debt Crisis is intensifying, with New Democracy set to win the Greek General Election

The New Democracy party are odds-on to make an amazing comeback and lead Greece out of turmoil, according to bookmakers Paddy Power.

After being battered to their lowest recorded vote in the 2009 elections, the centre-right party are now 1/8 to be the biggest party after the next Greek General Election. The demise of George Papandreou’s PASOK party following the ongoing financial crisis has left them at 9/2 to retain their place as the leaders of the country.

The minority parties seem unlikely to make hay at the expense of the two mainstream parties, with Paddy Power placing the Communists at 18/1 and the Greens at 200/1 to lead the country.

It is 3/1 that the country will be using Drachmas as their currency as of 31st December 2012 and 2/7 that Greece will be the first country to leave the Euro.

Paddy Power told Bettingpro: ”Amongst the uncertainty on what is happening in Greece on a day-to-day basis, there is a clear call for change in the democratic system of the country which discovered democracy. Our markets are showing the Greeks want to go to the polls and change their government.”


Most Seats (After General Election)
1/8      New Democracy
9/2      Panhellenic Socialist Movement (PASOK)
18/1    Communist Party
80/1    Popular Orthodox Rally
100/1  Coalition of the Radical Left
200/1  Ecologist Greens

What will the Greek Currency be on 31st Dec 2012?
1/3 Euro
3/1 Drachma
6/1 Other

Which country will be the next to leave the Euro
2/7  Greece
6/1  Portugal
8/1  Ireland  
12/1 Italy  
12/1 Spain
16/1 Germany
16/1 Cyprus

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Eurozone Debt Crisis betting – Greece favourites to leave Euro

The Eurozone Debt Crisis is intensifying, with New Democracy set to win the Greek General Election

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