International media flirt more and more on the scenario of SYRIZA being tomorrows government in Greece, “obliging” this way, banks, economists and analysts preparing reports and examining the positive or negative economic effects of such a development.
In this context, Credit Suisse published a report entitled ” Greece, don’t leave me this way”.
Credit Suisse editors attempt to present a comprehensive analysis of developments in Greek politics and economy, following the political debate on the occasion of the vote of confidence and the market reaction to the attempt of Athens early to exit from the Memorandum. They estimate that SYRIZA will become government and will manage to reach a new agreement with the EU and IMF, but not on its own, but with creating a coalition government with “POTAMI” and DIMAR.
Further, Credit Suisse estimates that SYRIZA will be driven to such an agreement, since the belief that Greece may leave the euro and set the debt on its own, is most probably a “fallacy”.
However, Societe Generale supports that the first quarter of 2015 will be crucial for both Greece and Eurozone as well as for the common currency. While reading their report is clear that they are more fond of the current government, since according to them “has some achievements to show for “,while on the other hand “An electoral victory for Tsipras will reintroduce a disintegration risk of the eurozone”.
Süddeutsche Zeitung, reports that the government may have won the vote of confidence by a majority of votes, but this makes the task of gathering 180 votes for the election of President of the Republic extremely difficult and leaves open the possibility of early elections.
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