Luckily SunGard APT doesn’t make films. Pretty much nothing happens in its version of that great euro drama Acropolis Now.
The specialist in “multifactor risk models” popped up yesterday to tell us that a Greek exit from the euro would take 3pc off the UK stock market and see the oil price fall 5pc. The euro itself would strengthen 5pc against the dollar. And Greek equities would get away with a 20pc drop.
On that basis, can someone kick Greece out right now? Really, if that’s all that’s going to happen, let’s get on with it.
Annoyingly, SunGard appears to have overlooked quite a few factors, if not multi ones. Not least the fact that Greece is no longer the main event.
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