News

Central Banker Warily Eyeing All Of The Communists In Greece’s Parliament

There are lots of ‘em, and that’s very bad for business, according to Yannis Stournaras.

“The main risk is due to political uncertainty, related to the election of a new president in early 2015,” Stournaras told investors at a Eurobank forum….

Greek law says parliament must be dissolved if no presidential candidate secures 180 parliamentary votes – a level of backing that is not guaranteed for Samaras.

The country’s main opposition, the radical left Syriza party, which won the most Greek seats in the EU parliament in May, has said it plans to block the vote.

Greek central banker warns political risk could threaten recovery [Reuters]

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