"The costs of a potential near-term Greek exit are too high for either Greece or the euro area"
- Barclays Research analysts
Swiss stocks rose slightly on Friday.
The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, rose 0.06%, or 3.31 points, to 5,911.82. The broader Swiss Performance Index added 0.14%, or 7.74 points, to 5,503.45.
"The costs of a potential near-term Greek exit are too high for either Greece or the euro area," analysts at Barclays Research said in a note to clients.
"A disorderly exit would likely lead to a massive run on bank deposits, a meltdown of the Greek banking system and further aggravation of Greece's large economic downturn."
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