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Greece red-hot favourites to leave crumbling Eurozone

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Greece are now 1/5 to be next country out of Eurozone, with Ladbrokes ready to pay out in Drachma

Greece are red-hot favourites to leave the crumbling Eurozone first according to Ladbrokes.

The bookies make them just 1/5 to be the first of the troubled countries to leave the currency and more worryingly go just 1/2 that ministers make an announcement to officially withdraw from the single currency before the end of the year. It's 5/1 that the Drachma is brought back as legal tender once again before the year is out.

It's also 33/1 the entire currency collapses before the end of the year and 25/1 that the UK government communicate plans to join before the end of next year.

Alex Donohue of Ladbrokes told Bettingpro: "The future's looking pretty bleak for Greece. It's now odds-on they announce it's over this year and we can't rule out any neighbours going with them."

He added: "We may well have to pay winning punters back in Drachma."

Ladbrokes latest betting

Next country to leave the Euro

Greece - 1/5
Italy - 5/1
Portugal - 6/1
France - 10/1
Ireland - 10/1
Spain - 10/1

Greece to officially announce intention to leave the Euro before the end of 2011 - 1/2
Greece to revert to the Drachma by the end of 2011 - 5/4

How many countries will intend to leave the Euro Currency by the end of 2011?
one or more - 1/4
3 or more - 7/1
Euro currency not to exist - 33/1

The United Kingdom to announce intention to use the Euro before the end of 2012 - 25/1

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Greece red-hot favourites to leave crumbling Eurozone

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