Slaughter and May has released a briefing paper on the months ahead for Greece with details about the country since the election and the likely scenarios in the future months.
The Greek Parliamentary elections of 25 January 2015 marked a watershed in Greek and, potentially, European politics with the victory of a left-wing and overtly anti-“bail-out” party. The consequences continue to unfold and, as Greece runs short of cash, questions are being asked as to whether it will meet scheduled IMF payments that fall due shortly.
This briefing paper provides a summary of the main events since the elections, before discussing scenarios for the future development of the Greek crisis over the coming months. Whilst the paper does not attempt to assign probabilities to the various outcomes that are discussed, we nonetheless consider that all the scenarios that are discussed remain within the reasonable range of possible options.
Download the briefing paper at this link
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