ATHENS — Not only Greece but also Europe braced on Saturday for an election here that polls indicate will fail to produce a clear winner, and which markets worry will plunge the eurozone into fresh turmoil. In comments widely quoted by Greek newspapers on the eve of Sunday's vote, German Finance Minister Wolfgang Schaeuble said that if Greece's new government deviated from its commitments the country would have to "bear the consequences.
Athens' stock market is down -6.11% after the Greek government was thrown into turmoil and a report said the IMF could suspend bailout payments. Major Greek banks are down -7.53%, and the National Bank of Greece is down more than -9... Read Post
ATHENS, GREECE -- The Greek election is tomorrow, and the current conventional wisdom is that conservative leader Antonio Samaras is going to win by a narrow amount. "Private polls" (polls commissioned by candidates or banks on beha... Read Post
MILAN — European markets fell Tuesday as investors worried whether Greece, after an indecisive election, could form a new government to save it from financial disaster. After Greek conservatives failed to form a government, the bato... Read Post