What if Greece starts to be worth less than China and Brazil? One of the best-known stock index editors, MSCI (Morgan Stanley Capital International) he's thinking about it. In 2001 the analysts of the not American group had classified Greece as a "developed market", a classification based on various criteria such as market size, liquidity, ease of access for investors and the overall wealth of the country.
Now that the Hellenic country is experiencing an unprecedented stalemate, the risk is that many investors have been alienated, and above all that the country has been cut off from important markets. In fact, only investors who are not afraid to invest money in weak markets such as the Greek one.
Hence the idea that, in the event Should Greece really be downgraded by MSCI to an emerging market, the idea of exiting the euro area could become a real probability.
Fonte: http://www.reuters.com/article/2012/06/21/eurozone-greece-emerging-idUSL5E8HL57R20120621
