Greece is once again the center of interest of international media and Bloomberg examines three scenarios about Sunday’s election results: the good, the bad and the ugly.
“In case of a fragmented parliament and no apparent winner, Greece risks being dragged into difficult coalition talks that could delay the implementation of measures required by creditors in exchange for emergency loans”, reports the news agency.
According to Bloomberg, the good scenario includes a “coalition government with a a pro-European mandate, led by either New Democracy, or Syriza”, notes Michael Michaelides, a rates strategist at Royal Bank of Scotland Group Plc in London.
The bad scenario would involve a Syriza-led government, “but without the support of the River and Pasok,” said Michaelides. In this case, the implementation of the bailout “will depend on support from Independent Greeks on a very tight majority.”
And finally, the ugly scenario according to Bloomberg would be “the vote on Sept. 20 may lead to a parliament so fragmented that four parties may be needed to form a viable coalition, or that Tsipras would have to turn to the pro-drachma Popular Unity party for tacit support,”.
A disastrous scenario, though, according to Bloomberg, would be to see Golden Dawn, and the anti-European parties getting a really high share of the vote, but as it is noted in the article this is highly unlikely to happen.
