Livesquawk report that one of the independent parties will not vote for Stavros Dimas.

There’s about 3 million different parties that make up the political scene in Greece and we’re going to be getting most of them issuing a statement for or against the candidates. So far Dimas is the only candidate so far.

Greek 10’s are still doing well having been up 64bp to 7.86%. The Greek stock market is getting hammered and European stocks are feeling the heat to with large losses seen across the board.

European stocks 09 12 2014

European stocks 09 12 2014