“Not only are they afraid to give a vote of confidence to ‘Grecovery’, but they also bring up ‘Grexit’ again,” was cited in the Financial Times.
On the occasion of the expulsion of the country form the MSCI World Index, which, as it is referred, was received with negative comments by investors, the publication completely questions the possibility of the Greek economy recovering.
“The country will get out of the ditch only to fall in again by itself,” the publication refers.
Then, the publication refers to the “negative reaction” of the investors concerning the expulsion of Greece from the global stock market, in combination with the new political turmoil, while it also talks of losses in the stock exchange index in Athens, which reached 20% within four weeks.
The publication concludes referring that there may be downward pressure, especially since the self-proclaimed «grecovery» is questioned.
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