Last week, the ECB crossed a Rubicon by announcing a quantitative easing programme. With the results of yesterday's Greek election, Greece is also standing on the edge of a point of no return. The main uncertainty is how the new Syriza coalition government will deal with the negotiation of the current bail-out programme due to expire at the end of February.
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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