Macro Comment EurozoneVictory for New Democracy gives temporary breathing space

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The recent election in Greece gave the right-wing New Democracy and the Socialist party Pasok a good chance to form a government together. According to indications from eurozone finance ministers, there is a possibility that lenders will lessen their demands on Greece. We now see no immediate Grexit, but the problems are far from over.

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Jan Häggström

Head of Macro Research

Global Research

jaha05@handelsbanken.se

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