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Tuesday, December 9, 2014

Global stock markets tumble as Antonis Samaras calls snap election

Athens stock exchange dropped 13% and investors registered their fears as the yield on 10-year debt jumped to 7.86%The Athens stock market plunged nearly 13% on Tuesday, its biggest one-day fall since December 1987, after the Greek prime minister’s shock decision to call early presidential elections.Markets feared that the high-stakes gamble by Antonis Samaras on Monday night could trigger early elections and pave the way to the stridently anti-austerity Syriza party assuming power. Voting for a new head of state will begin next week. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com