next reason for fire sale this week.
Greece votes in parliamentary elections
Greeks are voting in parliamentary polls, with the country's two mainstream parties expected to lose support to anti-austerity candidates. The centre-left Pasok and centre-right New Democracy parties have been in coalition since last November. They are both expected to suffer due to opposition to the austerity measures imposed by the government in exchange for international bailout funds. No single party is expected to gain a majority. The ability of any new government to carry on with the austerity programme will be crucial for Greece's continued access to bailout funds from the EU, the European Central Bank and the ... (full story)
- Posted: May 6, 2012 1:40pm
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 1,200