The three signs that will tell you to prepare for Grexit

Much speculation is made of when Greece will leave the euro, says Matthew Lynn. But until these warning signs are flashing, the end won't be close.

15-6-5-Greece-634

Greece may well be shown the door but not yet

A €5bn payment to the IMF. A last minute bailout from the troika. An emergency referendum on euro membership. If this is Friday, at least one of those must be threatening to push Greece out of the eurozone by Monday. Or perhaps it already has. In the five years since the Greek crisis began, the country has survived more emergencies and last-minute deals than Fifa has investigations. Yet somehow it has kept on pulling through.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.