The Economic Implications Of The Next Greek Election

Economists and bankers throughout the earth are waiting with baited breath for the result of the following Greek common election, which is scheduled to be held in June 2012, following the failure of the parties to form a administration following the election in May. The failure of the parties to form a workable administration was due, principally, to the refusal of the Syriza party to participate in any coalition that retained a commitment to proceed with the austerity measures insisted upon by the European Union and The International Monetary Fund. Without such a commitment, the promised bailout of... More

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