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Spain next candidate to request major aid package, say London bookies

Tuesday, July 5th 2011 - 05:36 UTC
Full article 4 comments
Willima Hill is the largest bookmakers in the UK Willima Hill is the largest bookmakers in the UK

Following the second rescue of Greece, Spain is the next candidate to request a major financial aid package according to William Hill one of the largest bookmakers in the United Kingdom.

The betting house offers to pay 1.10 Euro for every Euro invested if Spain finally formally goes to the IMF, European Central Bank and the EU for financial aid.

The news was published in the Barcelona daily La Vanguardia adding that William Hill has Italy ranked in second place with odds 3 to 1 Euros if Rome is finally forced to request international support.

Cyprus figures third in the vulnerability list offering 3.5 Euros for every Euro.

For Belgium odds are 5 to 1 while Slovenia and Slovakia are 7 and 8 Euros.

Germany is the strongest in Europe and with the lowest financial risk. William Hill is offering 500 Euros for every Euro invested if Berlin appeals for financial help.

William Hill is also taking bets on which is or are the first countries to abandon the Euro zone. Portugal is 5 to 1, while the odds are 8 to 1 for Ireland.

Malta, Estonia, Austria, Finland, Luxembourg and the Netherlands are the six countries considered with less possibilities of abandoning the Euro and thus bets are 33 Euros for every Euro.

William Hill is one of the largest bookmakers in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
 

Categories: Economy, International.

Top Comments

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  • Englander

    Very sad for Euroland.

    Jul 05th, 2011 - 04:32 pm 0
  • Martin_Fierro_AR

    England is next.

    Keep striking though... maybe it will help. : P

    Jul 06th, 2011 - 03:45 am 0
  • Fido Dido

    Not yet Martin, patience, but their will come.
    They “love”Austerity measures there.

    Jul 06th, 2011 - 01:59 pm 0
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