The European bailout of Greece was probably the right thing to do, but Greece will nonetheless probably not recover, say the CEOs and business leaders on the COMPAS business panel. Despite a protracted economic crisis, Greece will probably not be forced to exit the European Monetary Union, say members of the panel. Portugal, Spain, and potentially Italy will probably be next to face an economic crisis resulting from hyper-government indebtedness. Meanwhile, Canada’s economy seems stronger than that of the U.K. or U.S.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.

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