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Re: dDT post# 556958

Tuesday, 01/27/2015 7:28:31 AM

Tuesday, January 27, 2015 7:28:31 AM

Post# of 648882
Moody's: Syriza election "credit negative" for Greece

The election result "prolongs financing, liquidity and economic growth risks" for Greece as it "throws into question the new government's ability to renew Greece's financial support program with the troika," says Moody's.
New Prime Minister Alexis Tsipras has pledged to renegotiate his country's bailout terms, but the troika - at the moment - is having none of that.
The yield on 10-year Greek government paper jumps another 48 basis points today, and is now up to 9.5%. Stocks in Athens are lower by another 4% in today's session.
GREK -2%, NBG -14.2% premarket

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