Hedge Fund ‘War Games’ in Monaco Predict No Greek Euro Exit

Hedge-fund managers and investors expect Greece to remain in the euro area after they “war-gamed” the crisis in a 90-minute role-playing exercise at an industry conference in Monaco.

Six teams representing the European Union, the Greek, German and U.S. governments, the International Monetary Fund and the European Central Bank conducted the simulation on Tuesday, Eleanor Bates, conference producer at the International Centre for Business Information, which organizes the annual Gaim event, said in an interview.