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Sunday, January 25, 2015
Victory to Syriza
The anti-austerity party Syriza has wont the Greek election by quite a large margin as expected. Now we wait to see if he gets enough support for a governing majority. Early returns show Syriza with 150 seats. It will be very interesting to see what the reaction of the euro is to this news. If Syriza fails to win at least 151 seats, it will have to find a coalition partner, or secure pledges of support that would allow it to form a minority government.
The Greece stock market ATHEX daily chart showing key resistance ahead of the election.
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