I understand. Hide this message.


We use cookies to provide you with the best experience when using our website. By continuing to use our website without changing your cookie settings, we assume you give consent for cookies to be used. For further details, including how you can amend your preferences - Please read our Cookie Policy. »

Greek Crisis: An Agreement, Finally – But Now Comes the Hard Part

Perspectives» |

July 13, 2015

In this note, Monica Defend, Head of Global Asset Allocation Research and Andrea Brasili, senior economist for the Eurozone, comment on the agreement on Greece reached today at the EU Summit. We believe that having a deal is good for the Eurozone as opposed to no deal. This could be considered a step towards more European integration but it needs to be followed by more substantive steps to reinforce the union. On this front, time will tell. On financial markets, we see high volatility ahead, not only driven by factors related to Greece, but to others as well. Stretched valuations across asset classes are, in our view, fertile soil for volatility driven by erratic news flow.

Keep Article

Filed Under

Social Sharing