Last week was a difficult one for investors’ nerves and also for markets, which were gripped by the European sovereign debt crisis. We had to wait until Friday for the epilogue on the Greek referendum. Pressure from the rest of Europe finally bore fruit, with George Papandreou deciding to scrap the idea of a popular referendum on the Greek bailout plan. Despite winning the vote of confidence on Friday evening, Papandreou has agreed to step down to allow a coalition government to take over until early elections are held in February. The new prime minister should be appointed today.
MIG Bank Awards
