Greece has returned to the headlines, as market nervousness about the outcome of a snap election for the Presidency has pushed up Greek bond yields. The Presidential election could lead to a general election. If the far-left Syriza party were to win a general election, the party advocates reversing reforms and re-negotiating Greece's bail-out. The Troika will need to develop a detailed plan to prevent contagion in the event of a Greek exit from the euro.
About the authors
Economist Insights is written by Joshua McCallum and Gianluca Moretti. Joshua has been working at Global Asset Management with the title of Senior Fixed Income Economist since 2005. Prior to this, he worked at the UK Treasury as a macroeconomist. Gianluca joined Global Asset Management in 2010. Prior to this he worked at the Italian central bank.
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