Major foreign investment banks are on the line to Athens, which, having bet on the dynamic recovery of the country, both through equities and through bonds, are watching the latest political developments in Greece.
Their presence in the Greek market was evident and decisive today, proving that foreigners are watching the polls closely and are ready to answer, if there any evidence which indicates that the Greek story is changing.
While Bank of America already worsened an already bad climate, selling aggressively in the secondary bond market, Morgan Stanley and JP Morgan were trying to support both equities and government securities.
With polls giving a lead for SYRIZA against the New Democracy party, the nervousness of foreigners was reflected clearly on the stock board, with the General Index going below 1.130 and closing with a 4.6% loss.
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