Wealth Management Review - Some stabilization after the Greek compromise

Financial markets stabilized after Greece signed up to an agreement with Europe on 13 July. In return for a financial package of up to EUR 86 bn over three years, Greece agreed to implement a number of major reforms. These reforms include measures which had been fiercely rejected by the Government and then by the voters in a referendum only a view days previously. The big question remains, though, whether the Greek government will be able to stay in office, since the reform package is strongly opposed by a major part of the Syriza party. Even if Prime Minister Tsipras managed to stay in power, would he be able to implement the hugely controversial reforms.

Read more ...

July 2015 Blue Horizon Wealth Management Partners