GREEK Problem Rearing its Ugly Face Again on Sunday
Greek Elections are this Sunday and chances are high they will "Elect a Government that will be pushing for a renegotiation of the BAILOUT DEAL".
The Greek election is going to be messy. Thirty-two parties are on the ballot, and 10 may make it into Parliament, with none achieving a majority. Of those 10, seven oppose the IMF bailout deal, and two want to leave the euro entirely. So there’s a good chance the new Greek government, whomever may be running it, will be pushing for a renegotiation of the bailout deal (which is something nobody else in Europe wants to deal with.) Meanwhile, Barley said, the IMF will be looking for more spending cuts.