Is Greece safe?

SOAPBOX

clock

John Husselbee, CIO at North Investment Partners, discusses the impact of the recent election results on the future of the stricken peripheral nation.

So Greece is saved? Well, actually I’m not so sure of that. The result of the second Greek election has, as yet, changed little. The New Democracy party, that supports the terms of the eurozone bailout, won through, but failed to poll sufficient votes to govern. Nonetheless, it has the right to form the next government, in spite of anti-austerity parties having gained 60% of the vote – so much for proportional representation! What lies ahead is the tortuous task of forming a credible and stable government. Obviously, this will be a coalition and necessitates the New Democracy Party ma...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Chris Justham: Join the investment rebellion

Chris Justham: Join the investment rebellion

Let's start with a game of 'Are you as rational as you think you are?'

Chris Justham
clock 17 September 2025 • 3 min read
Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read