Fears of a fresh Greek crisis were ignited yesterday after Athens called a snap general election that could bring the anti-bailout Syriza party to power and put the country on a collision course with international lenders.
Investor concerns returned to the fore after the Greek parliament rejected Prime Minister Antonis Samaras’s nominee for president, triggering an election which is to be held on January 25.
Yesterday’s drama revives dormant questions about Greece’s place in the eurozone, just two years after the country’s debt crisis nearly triggered a break-up of the currency union and shook the European project to its core.
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