Greek elections unlikely to impact euro - BTMU

FXStreet (Guatemala) - Analysts at the Bank of Tokyo Mitsubishi noted the Greek elections coming up.

Key Quotes:

"It is the first election since Greece signed its first bail-out agreement in 2010 in which neither of the two main parties are campaigning on an anti-bailout or anti-austerity agenda. It provides reassurance that the newly elected government will continue to implement the reforms as required by the third bail-out agreement although protracted coalition negotiations could create some delay."

"The Eurogroup have stated that there is no room for renegotiation. The outcome from the Greek election is unlikely to have a material impact on the euro in the near-term."

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

RELATED TOPICS