Primers on the Greek election - and what could come later

election3.jpgTruth is, nobody has much of a clue on what will happen Sunday. The two leading parties - one that's opposed to the austerity measures spelled out by European officials and the other seeking accommodation with Europe - are said to be quite close. Anyway, Bloomberg does a kind of Greek election pre-game for those wanting to get up to speed. AP lays out some of the possibilities, both for Greece and the rest of Europe, once the results are in. Also, there's a nice graphic from the NYT that provides an overview of the potential exposure among European countries and their banks. The polls close at 9 a.m. L.A. time and results should be available by early afternoon. The Asian markets open for trading a few hours after that. It's quite possible there will won't be any clear winner, in which case the parties will have to negotiate to form a coalition. That would mean still more waiting.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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