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Greek market rallies after snap elections declared by Tsipras

The market reacted positively to the announcement of early elections due to the historic victory of New Democracy with a difference of 9.5 points against SYRIZA on Sunday’s European Parliament elections.

The Greek stock market rallied, and especially banks, after the historic outcome of Sunday’s European elections which saw conservative party New Democracy trounce leftist SYRIZA. The market opened upward with gains of 5.8%. The General Index is already moving at 770.25 points, recording an increase of 5.22%.

  • Published in Greece
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