Queen's University

Stock market reaction to Greek political crisis: Queen's University expert

2012-08-27

 Queen’s University political studies professor Grant Amyot is available to comment on the last-ditch efforts by Greek politicians to form a coalition government and the negative reaction by stock markets around the world today.

“This last-ditch effort has slim chances of succeeding and I think there is going to be another election,” says Dr. Amyot, who specializes in European politics, European Union, political economy and economic policy. “I think there is still a possibility that Greece will remain in the Euro – but the chances are getting slimmer. It will depend on the upcoming election. There is a chance the pro-bailout forces will be able to scrape together a majority in Parliament.”

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