More than 50% of economists expect ‘Grexit’

Greece may be about to become the first country to step through the exit door and leave the eurozone, according to a Reuters poll that put the chances of the monetary union breaking up at more than 50% for the first time.

Eurozone members have given Greece a final deadline of Sunday to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe’s currency bloc and into economic ruin.

But months of negotiations between Athens and its creditors has so far yielded nothing and Greece became the first developed economy to default on a debt payment to the International Monetary Fund last month.