The win for Greece's pro-bailout parties was no victory for the SNB as the country saw another...

|By:, SA News Editor

The win for Greece's pro-bailout parties was no victory for the SNB as the country saw another $16.7B in inflows in the week since and pressure continues on the bank's euro/franc floor of CHF 1.20. Government efforts to talk down the economy, the country's banks, and future inflation risks last week were totally overlooked by cash seeking a safe haven.