Telegraph - Live Blog: Reports " The anti-austerity party led by Alexis Tspiras won on Sunday but EU will threaten the collapse of Greek banks and prospect of going bust unless he signs up to existing austerity measures. "
Lets Get Real:
The new Greek Government has to start to worry that the people of Greece on the safe side will take their money out of the banks, leading to a banking economic crisis, the people of Greece are wise, they will understand that either the EU has to buckle or the new Greek Government has to go back on its promises. The EU can move a bit, but Germany will not pay for the promises of a left wing Party in Greece, that opens as stated for other Governments within the EU to back on their deals. The coming days and weeks should show how strong the new Greek Government is, can it keep its promises or does it have to row back, at present it could either way, poor Greece.
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