Markets Expect Sarkozy To Lose France As Greece Heads For The Polls |
May 05, 2012 | May 2012 Bond Updates |
European politics have once again taken center stage. This weekend, crucial elections in France and Greece will act as a conduit for the populations of two of the protagonists of the European sovereign debt crisis to express their frustrations with austerity. Markets are expecting incumbent Nicolas Sarkozy to lose the presidential election to Socialist Francois Hollande, while far-right parties in Greek could gain power, making it tougher to implement austerity and reform. |
View more at: http://www.forbes.com/sites/afontevecchia/2012/05/04/markets-expect-sarkozy-to-lose-france-as-greece-heads-for-the-polls/ |
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