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

Watch Professional Adviser's Working Lunch with Schroders - Beyond the Pulse: Essential insights for financial advisers in 2025

Catch up on the discussion

Professional Adviser
clock 10 July 2025 • 1 min read
Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read
NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read