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Greece Debt effect on market

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  • Greece Debt effect on market

    hi guys,
    i had been wondering what had happened to the Greece situation in regards to their economy and steered doing some digging today. I've looked at the last few times when they had received funds to keep their economy a float and a day or so after there was a spike in the market. I have come across a article that states Greece are getting another 7bn next week- reckon the market may spike or is it just a coincidence?

  • #2
    thanks. this information is very necessary for beginner members in looking at the market situation.

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    • #3
      I think things have settled down now.

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      • #4
        I was always interested how that money actually helped them anyway and if any help was really really done at all ? I see things are not getting better, otherwise everyone would be talking about that and only that. Remember how great Greece was ?

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        • #5
          They've been spending more than they have for a while, sadly.

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          • #6
            I think that recent data are saying that they are doing much better than several years ago. I only hope that this time they have learned significant lesson and that they will not allow for this situation to happen ever again. I really hope that they will make their country great again

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            • #7
              I hope the situation will continue to improve.

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              • #8
                Latest news are showing that there really is some improvement on budget side. However, I have also seen that they have sold some of their significant assets like ports and some land. This is why I am hoping that this budget surplus is not only due to foreign investment influx

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                • #9
                  That's good to hear - some good news for a change.

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