The Greek election result this weekend could surprise as no new polls have been allowed to be...


The Greek election result this weekend could surprise as no new polls have been allowed to be published for the last 2 weeks. The most recent data has the 2 status quo parties barely scrapping together enough votes to keep the bailout/austerity ball rolling, but if people truly vote their pocketbooks, another outcome may ensue.

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  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    French elections this weekend might have more market impact than Greek elections. However, if a strong opposition wins in Greece, then starts pushing to renegotiate debt deals again, markets would react very negatively.
    3 May 2012, 03:40 PM Reply Like
  • bob adamson
    , contributor
    Comments (4560) | Send Message
     
    An alternative to the analysis in the Reuters’s article would see a New Democracy-PASOK coalition with sufficient participation of the Ecologist Greens and the Democratic Left Parties to make such a coalition viable. Note the programs of the various Parties in the following article from the Greek newspaper Ekathimerini

     

    http://bit.ly/KttScN

     

    Shorn of the typical rhetoric of an election campaign and in light of the current opening in many EU quarters for developing an economic growth agenda (an opening that will get a powerful boost this weekend with the election of M Hollande as President of France), such a broadened coalition is doable and would not be isolated in IMF, ECB and EU councils provided that it was reasonable and effective in its domestic reforms.
    3 May 2012, 04:08 PM Reply Like
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