Greece may leave Eurozone

Goldman Sachs says, the risk arising from Greece exiting the Eurozone

Baku. 2 April. REPORT.AZ/ US investment bank Goldman Sachs says, the risk arising from Greece exiting the Eurozone. Although Greece has reached an agreement with creditors, the country's GDP will be seriously at risk, which can also lead to the fact that Greece eventually have to leave the Eurozone.

Report informs, on the top of that, Fitch, the international rating agency cut the credit ratings of four banks.

Thus, the rating of banks National Bank of Greece, Piraeus Bank, Eurobank and Alphabank fell from the level of B to the sovereign rating level of the country - CCC.The outlook on the rating of these banks approved as negative.

On March 27 the agency Fitch lowered the credit rating of Greece.

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