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Home Page » Articles » Client Letters » Greece: Post-Referendum Assessment Client Letter by John Canally, CFA | July 7, 2015

Greece: Post-Referendum Assessment

The Greek people had their voices heard on July 5 and decisively voted “no” on the Greek referendum to accept the latest bailout deal from creditors. This outcome, which was surprising to many, will potentially raise the level of economic and financial market volatility in the weeks ahead, as global investors assess the risks associated with an increasingly likely Greek exit (Grexit) from the Eurozone and from the Eurozone’s common currency, the euro.

 

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