Nov01
Greek Referendum
By ASP
The Eurozone problems re-emerged last night following the Greek prime minister George Papandreou’s decision to put the EU rescue package in the hands of Greece by calling a referendum. Analysts have agreed that this could send the Euro into some serious problems as the Greek austerity measures are seen as a key aspect of the whole eurozone rescue plan.
With all of the protests in Greece it seems inevitable the long awaited rescue package could all fall apart at the last hurdle however no clear date for the referendum has been giving so buying oppourtunites could be limited.
Archived in: Euro Forecast, Pound Sterling Forecast