Greece's place in the euro zone has been on a knife edge since elections this year handed control to the anti-austerity Syriza Party. Some prominent economists have warmed to the idea of a "Grexit" but it appears the world of business remains optimistic.
A survey of chief financial officers (CFOs) by CNBC has revealed that the overwhelming majority of European executives - a total of 75 percent - believe that Greece will remain in the monetary union but will have negotiated different terms and conditions by this time next year.
The topic has roiled global markets this year, especially in Athens where Greek banking stocks have seen erratic intraday movements. Last week provided further key developments with proposals for an extension to Greece's loan agreement being rejected by Germany.
Jesper Brandgaard, the chief financial officer of Danish pharma firm Novo Nordisk, told CNBC Monday that the whole situation surrounding Greece perfectly typifies the challenges currently being faced by European corporates.
"I do hope that the Greek government will be sound in its response to the very sensible approach taken by the European finance ministers and it will lead to a clear and transparent road forward," he said.