Opinion polls show it very likely that the anti bailout lad will win the election but will need the support of other similar minded parties to make a coalition. In his speech last night he said that come Monday morning the IMF bailout will be ripped up.
Hes banking on the EU not having the balls to throw them out of the euro.
After the Greek win tonight the left will definitely win the election.
Syrzia to offer the Germans double or quits.
[quote=“Watch The Break, post: 520214”]
Syrzia to offer the Germans double or quits.[/quote]
It might be the most realistic chance of a solution.
The “good” result in the Greek elections only provided brief respite on the markets today. After a brief rally, Spanish bonds have now surged passed Fridays record high and are now well above 7%.
The market really wanted the Greeks to walk so they could see where they stand. No one knows whats happening now & less pressure on the Germans to fall in with everyone else. This could drag on for another year now.
I’m disappointed the anti-bailout lad didn’t win in Greece. Was looking forward to the fall out from it.
Ya it’d be a bit of craic anyway. A real anti climax
Spain’s bond yield (7.2%) could pass us out (7.4%) before the end of the week.
Enda Kenny has won a great victory for the Irish people, all those criticising him will have to bow before his mastery of European politics now.
All he had to do was wait until the big boys got into trouble and saved the country by default. 
and people said he had no plan
What exactly will change ? Just another cheap headline I’d say.
It is potentially hugely significant for us but the devil is in the detail
We’re going back to the markets this week
Will the sundried tomato guy be there?
Boom boom.
We’re back
The 3 month bonds were sold with a yield of 1.8%, which is well below the 2% yield that was anticapted.
‘Happy birthday to some lucky punter who took a gamble on a failed docket from five years ago which today, nevertheless, gets paid out in full. Yes, another unguaranteed bond, this time from Bank of Ireland, £200,000,000; That’s pounds sterling, or €250,000,000 give or take a few million - who’s counting?’
I read elsewhere that Ireland will be making the second largest per capita contribution to the ESM, with only our rival financial services- dependent tax haven Luxembourg giving more. What a great deal.
So looks like today was the final blow for Spanish hopes of avoiding a full bail out.
10 years bonds up to 7.5%
5 year bonds up to 7.4%
2 year bonds at 6.4%
There is going to have to be some major moves by the EU in the coming days.
Spanish provinces are bust, Italy’s banks aren’t far behind, Italian bond yields are only being held back by Italian banks buying the debt, which they wont be able to do much longer, interesting times ahead