{"id":65871,"date":"2014-12-30T09:15:58","date_gmt":"2014-12-30T14:15:58","guid":{"rendered":"http:\/\/countingpips.com\/?p=65871"},"modified":"2014-12-30T09:55:13","modified_gmt":"2014-12-30T14:55:13","slug":"greek-snap-elections-raise-concerns-of-new-financial-crisis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/12\/greek-snap-elections-raise-concerns-of-new-financial-crisis\/","title":{"rendered":"Greek snap elections raise concerns of new financial crisis"},"content":{"rendered":"<div id=\"inves-1257463289\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 30, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>Concerns of a renewed financial crisis in Greece emerged this week after Prime Minister Antonis Samaras called snap general elections that could bring the anti-austerity measures opposition party (Syriza) to power and put the country on a collision course with its international lenders.<\/p>\n<p>Fears amongst investors were ignited after the Greek parliament rejected Samaras\u2019s nominee for president, Stavros Dimas, automatically triggering an election which is now scheduled for January 25.<\/p>\n<p>Stavros Dimas fell short of the 180 votes needed to become president in the decisive third round of voting in the Greek parliament on Monday. Greece could return to the brink of a financial crisis if it fails to put together a government soon.<\/p>\n<p>The opposition leader, Alexis Tsipra, said austerity belongs to past.<\/p>\n<p>\u201c With the will of our people, in a few days bailouts tied to austerity will be a thing of the past,\u201d the Syriza leader said after the vote. \u201cThe future has already begun.\u201d<br \/>\nWhile most Greeks do not appear to want elections, the terms of the bailout agreed by the Samaras government have imposed harsh sacrifices on many people and the signs of improvement in their battered economy have yet to show through clearly.<\/p><div id=\"inves-1491747\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>If Syriza is elected, it would be the first time an anti-bailout party determined to overturn the austerity approach prescribed since the start of the euro zone crisis comes to power in Europe.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime Concerns of a renewed financial crisis in Greece emerged this week after Prime Minister Antonis Samaras called snap general elections that could bring the anti-austerity measures opposition party (Syriza) to power and put the country on a collision course with its international lenders. Fears amongst investors were ignited after the Greek parliament [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-65871","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/65871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=65871"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/65871\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=65871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=65871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=65871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}