Friday February 21, 2020

Volatility set to pick up on outcome of Greek election

Markets are set for a volatile week as investors await the outcome of today's Greek election.

16th June, 2012
Vincent Killeen, Senior Manager, Institutional Sales Team, Bank of Ireland Global Markets.

Markets are set for a volatile week as investors await the outcome of today's Greek election. Predicting the outcome of the vote is extremely difficult, given that polls have been closed for the last two weeks; however, reports from Athens indicate the pro-bailout parties, New Democracy and Pasok, have gained support in recent days.

The most favourable outcome for the euro would be if New Democracy finishes in first place and joins with Pasok to...

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