Monday, January 26, 2015
More Economic Uncertainty Across Europe as Syriza Party Wins Greek Election
The left-wing party Syriza won Sunday's elections in Greece, fanning economic fears throughout Europe, as the party vows to scale back the austerity measures Greece agreed to in exchange for its $269 billion bailout from the EU and the IMF. There is also default risk for Greece's $7 billion worth of bond payments due this summer. TheStreet's Scott Gamm speaks with Diego Iscaro, senior principal economist at IHS to discuss the implications of the Syriza victory and whether any systemic risk stemming uncertainty in Greece will be overshadowed by the European Central Bank's recent stimulus measures, which were largely well-received.
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The main problem it is that everywhere the only the Left partyies have made a big mess in society and has produced huge inegality and thousand of new oligarch who imprisoned the entier population in some kind of poverty gulags!
ReplyDeleteThe left it was and it is the perfect vector to confiscate for 1% parasites all what belongs to the all population.
The left it is the Trojan horse agains the humanity !