Greece Exit Still Seen as Likely

Investors enjoying the afterglow of a putative deal that will keep Greece in the euro zone for now might not want to get too comfortable.

Even after conquering seemingly insurmountable odds to strike a bargain with European authorities, the debt-plagued nation’s biggest challenges await.

Overcoming the political fallout from forced austerity and trying to generate the kind of economic growth that will make the deal’s conditions sustainable present the very real possibility that a Greek exit, or “Grexit,” from the euro zone remains an inevitability.