The Economic Implications Of The Next Greek ElectionEconomists and bankers throughout the world are waiting with baited breath for the result of the next Greek general election, which is scheduled to be held in June 2012, following the failure of the parties to form a government following the election in May. The failure of the parties to form a workable government was due, principally, to the refusal of the Syriza party to participate in any coalition that retained a commitment to proceed with the austerity measures insisted upon by the European Union and The International Monetary Fund. Without such a commitment, the promised bailout of...
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