Markets, and indeed Greece, are poised for the 3rd and final round of the presidential election with voting due to start at 10.00 GMT and the result known at 10.30 GMT
The government’s champion, Stavros Dimas, only secured 160 votes in the first round and 168 in the second on Dec 23rd
PM Samaras had previously come out with a promise of a general election once bailout talks were completed in an attempt to placate the dissenters but that didn’t do the trick, and unless Dimas secures 180 votes today then a Q1 election is expected
EURUSD currently finding some support from a generally USD-negative tone at 1.2211 after posting 1.2221 highs in a rush
Samaras – Hoping that Greek MPs will finally give his man the nod today