With the European Central Bank signing up for a large bond-purchasing program, the next obstacle for the European Union is the election in Greece.
Greek voters elect a new parliament on Sunday, with the anti-austerity opposition party Syriza favored to win, but without an overall majority.
“For all markets, if they gain control, all bets are off. We do not think it is possible for Greece to exit the EU. Or they could if they want to commit sovereign suicide,” John De Clue, chief investment officer at the private client reserve at U.S. Bank Wealth Management, said.
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