By Claire West

WILLIAM HILL have reopened their market on which will be the first country to quit the Eurozone - and although Greece remain hot favourites at 1/4, Spain have been slashed from 12/1 to 7/1 second favourite.

'We suspended the market earlier in the week when punters only wanted to back Greece but with the financial crisis escalating in Spain and the possibility of another Greek election we have decided to re-open the market' said Hill's spokesman Graham Sharpe.

Euro To Still be A Currency by 31st Dec 2015: 5/6 Still In Place, 5/6 Euro NO Longer A Currency

First Country To Leave The Eurozone: 1/4 Greece; 7/1 Spain, 9/1 Italy; 10/1 Portugal; 14/1 Germany, 16/1 Ireland, 20/1 France, 25/1 Belgium.