Today the markets received some relief with news that Greece is structurally closer to an acceptable deal with its creditors. Investors responded with rallies in almost every major market.
It is not my intention to be a player hater, but lest we forget, staving off its creditors is just the beginning of Greece’s problems. There are still unresolved economic issues which could yet prove to destabilize Greece and the EU region. This sobering analysis by Stratfor should remind you just in case you have forgotten how bad it really is over there.
Be careful…
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