Grexit More Likely After IMF & ECB Push Greece Too Far, Will We Witness a Bank Run?

The IMF has been left standing with its finger in it's mouth after Greek Prime Minister Alexis Tsipras unexpectedly called a Greek referendum on whether to accept further austerity and encouraged the Greek people to vote "No". The prospect slams the possibility of a Grexit firmly on the negotiation table and Monday may see the unexpected turn painted red in market charts. Greek Prime Minister Alexis Tsipras has called a referendum on whether Greece should accept demands by the country’s creditors the IMF, ECB and European Commission. The decision comes on the heels of failed talks with the three lenders, […]

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