Because Greece failed again to form a coalition Government, they are going to have elections again next month, on June 17th, but most analysts and investors (including myself) believe that now than ever, they are closer to leave Eurozone and that the results on next month elections are going to be pretty much similar to previous one. Important to take a time to think what that would mean to Europe markets and countries, and of course consequently, to your financial investments and health. Even though Angela Merkel and new France President have both said they agree they want to keep Greece in the euro zone, the European Central Bank has already stopped providing liquidity to some Greek banks and millions of euros have already flew from Greek banks as well, Greece short-term foreign currency has been downgraded to “C” while long-term foreign and local currency has been downgraded to “CCC”. Country Ceiling has also been revised, which complicates much more their economic situation. Pay attention and take a risk off attitude for your financials safety.
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