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Monday, December 29, 2014

Greek Election Fallout and European Asset Values

GreekFlag.jpg Home Page News Page Fading Future for Greece The failure of Greek Prime Minister Samaras to secure sufficient votes in the third and final parliamentary attempt to select a new president has sparked a sell-off in European stocks and peripheral bonds.  Up until now, the contagion from Greece has been remarkably limited.  Perhaps the thin holiday markets have exaggerated the knock-on effects.  At the same time, the fear that the Greek election will morph a Greek exit from monetary union is palpable. The failure of Greek Prime Minister Samaras to secure sufficient votes in the third and final parliamentary attempt to select a new president has sparked a sell-off in European stocks and peripheral bonds.  Up until now, the contagion from Greece has been remarkably limited.  See Also links url:  http://www.economywatch.com/features/Russia-Junckers-Investment-Scheme-and-Greece.12-18-14.html Title:  Russia, Juncker's Investment Scheme and Greece See Also type:  Reference read more


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