The number of investors who think France will leave the Eurozone is at an all-time high, according to behavioural finance firm Sentix.
In April the French presidential elections begin. Presidential candidate Marine Le Pen recently announced she plans to hold a referendum on EU membership and take France out of the Eurozone if she wins.
The latest Euro Break-up Index – a monthly investor survey by the German firm – shows 8.4 per cent of investors think France will leave the Eurozone, up from the 5.7 per cent in January.
Meanwhile over a quarter of Sentix investors predict at least one country will leave the Eurozone this year. In February 25 per cent of investors thought there will be an exit from the Eurozone this year, compared to 21.3 per cent in January.
Sentix says there are three countries that are facing an increasing likelihood of a euro exit: Greece, France and Italy.
“The Eurozone has now developed more break-in points than just Greece,” the firm says. “Although it has currently been somewhat quieter for Italy, the euro exit probability remains almost unchanged at 13.9 per cent. Added to this is the strong rise in the probability of an exit from France.”