“Goldman’s Themos Fiotakis and Huw Pill have a note out about the Greek election, and we think this paragraph basically perfectly nails the situation today:
Overall, Greece will remain a source of uncertainty due to its macro-dynamics. The country is undergoing extreme economic pressures that are likely above and beyond austerity; prolonged uncertainty have led to a multi-year suppression in confidence and a collapse in credit growth,”
If you enjoy the content at iBankCoin, please follow us on Twitter
