The results of the EU elections were seen as positive, by the Athens Stock Exchange, as it is estimated that the final result and SYRIZA’s victory with a 4% margin does not upset the political scenery.
The big question, however, is the ability of the government to proceed with reforms which it has committed to doing, as part of the fiscal adjustment program.
The ASE General Index recorded an increase of 2.32, led by National Bank’s share and Nomura agency’s estimates, which emphasizes that there is no threat to political stability, even if ND’s performance was “somewhat dissapointing”.
Eventually, the General Index closed at 1,197 points, up by 2.27%.
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