Expectations re Greek election on 25 Jan?

  • Alexis Tsipras (head of coalition of left of centre political parties) expected to win, possibly ushering in a radical economic program.
  • He proposes undoing recently-imposed austerity measures, restructuring external debt and totally changing the banking sector, but might just be electoral hot air.
  • Investors concerned that he will force a Greek default (on its debts) and exit from the euro (Grexit).

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