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What Syriza's Sweep Means for Greece and Europe

From bloombergview.com

The Coalition of the Radical Left, known as Syriza, placed first in the Greek elections today, with at least 36 percent of the vote, according to exit polls. The result could even give Syriza an absolute majority and, if it wishes, allow it to govern without a coalition partner. With these outcomes going beyond what markets expected and priced in, here is a Q&A before trading resumes Monday. QUESTION: What happened and why will it matter for markets?: ANSWER: The early parliamentary elections have given Syriza a significant and historic victory that surpasses the market consensus. This is the first time Syriza is in a ... (full story)

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