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Economists: Greece Will Stay In The Eurozone
That’s the view of economists in a Bloomberg survey as the anti-austerity SYRIZA party appears set to take power after elections on Jan. 25. They say there’s an 80% chance that Greece sticks with the euro even if Alexis Tsipras forms a majority government. More than half of respondents see Greece getting debt relief, whoever wins.
There’s a 15% chance Greece will leave the 19-nation currency union if Tsipras forms a coalition government with one of the centrist parties, the Bloomberg survey shows. That compares with 5% under an alliance led by New Democracy.
The risk increases to 20% if SYRIZA gets an overall majority, compared with 5% under a New Democracy majority, the poll shows.
A victory for Tsipras, either alone or in coalition, would result in debt relief for Greece, according to 87% of those polled, while 57% said the same of a Samaras victory.
“Compromise is not as hard as it looks,” said Alan McQuaid, chief economist at Merrion Capital in Dublin. “SYRIZA does not have a democratic mandate to take Greece out of the single currency. It may have to form a coalition to govern, requiring compromise even on its flagship policy. And Europe can give.”
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5 Stunning Greek Islands A Stone's Throw From Athens
1. Spetses
Spetses is not a typical Greek island. It's a place oozing with vintage charm, an affluent paradise where you'll find charming neoclassical mansions and narrow alleyways. Cars are not allowed there, so you'll only see bicycles and carriages - it's like being transported back to another era. Walk along the waterfront, have a leisurely coffee in Dapia, and visit the Bouboulina Museum. The islands' romantic cosmopolitanism is sure to take your breath away!
2. Agistri
A tiny, picturesque island in the Saronic Gulf, Agistri is a very popular weekend getaway among Athenians. Blessed with lush pine forests, its unspoiled natural setting makes it a camper's paradise. But, there's so much more to do there. Explore the quaint traditional villages, swim in scenic coves, relax on pebbly beaches, and pay a visit to the Folk Art Museum, if you want to get to know the past everyday life of the islanders.
3. Hydra
4. Kea
Although part of the Cyclades island group, Kea doesn't have the typical Cycladic landscape and architecture. It's a verdant island, still untouched by mass visitors, brimming with elegant buildings. Kea has a vast network of paths with wooden signposts that cover most of the island, connecting its most important landmarks. Apart from the beaches, Kea has also a lot to offer in terms of sightseeing, as there you'll find four ancient cities, one of them being Ioulis, the island's enchanting capital.
5. Andros
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To read this article in full, please visit: greekreporter.com