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Home > Here Come The Greek (Re)Elections

Here Come The Greek (Re)Elections

By Tyler Durden
Created 05/15/2012 - 08:00
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 05/15/2012 08:00 -0500



 

Update: confirming what we already know:

  • GREEK PRESIDENCY SPOKESMAN SAYS NO DEAL ON GOVERNMENT, GOING TO ELECTIONS
  • GREEK CARETAKER GOVERNMENT WILL BE APPOINTED TOMORROW

Wonder why the EURUSD is suddenly sliding? Here's why:

  • GREEK ANTI-BAILOUT CONSERVATIVE KAMMENOS SAYS THERE IS NO DEAL ON GOVERNMENT -BBG
  • KAMMENOS SAYS "THEY PREFER CREDITORS TO NATIONAL SOLUTION"
  • KAMMENOS SAYS NEW ELECTIONS WILL BE HELD

Which means Syriza will win the June re-elections, likely with a strong majority, and what happens then is anyone's guess.

 

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