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Greek Parliament Passes Latest Austerity Vote

From zerohedge.com

The Greek parliament just passed the latest proposed austerity plan with a majority voting Yes. Judging by the reaction of the EURUSD, which experienced a modest 40 pip short covering squeeze in the last few minutes, one would imagine that today's Greek vote outcome is surprising. It isn't: after all all Greece has done is promise to do something it won't do in hope it can get another bailout package (of which its people will pocket a de minimis 19%). As we said earlier: " The only real questions are i) what the Greek population may do in response to this latest selling out of a population "led" by an unelected ... (full story)

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