Greece is certainly in a pickle. It needs to borrow more money to keep its wheels turning, but has borrowed to the point where it needs a loan write-off. Try asking your bank manager for a loan write-off while asking for more money and see what she says. The Swiss on the other hand have […]
Anti-austerity party Syriza set to win Greek election
The latest exit polls show the radical leftist party Syriza in the lead with over 35% of the votes. Syriza has talked of halting austerity and renegotiating the country’s debt which stands at 175% of GDP. In addition, the right-wing Golden Dawn party could possibly take third place. Some market commentators have said that if Syriza […]