Central banks in the front line as Greek people vote

Nobody knows how today's Greek election will play out or how the outcome will affect an already volatile European situation.

Nobody knows how today's Greek election will play out or how the outcome will affect an already volatile European situation. However, one thing is for sure. The European Central Bank (ECB) and the national central banks that are part of the euro system now need to stand ready to act quickly to keep the lid on any pressures which emerge in the wake of the vote.

The Greek people do not want to ...