Nightmare morning for the Athens Stock Exchange, with the main Greek stock index dropping almost 10%. The thud is related tooutcome of the political elections, which yesterday saw the collapse of the traditional parties (New Democracy and Pasok, according to the latest polls, together do not reach 40%), to the benefit of the radicals of Syriza (which should be at least 17%) and the pro-Nazi party Alba d' gold, which appears to have captured at least 8%.
It seems so open a period of serious ungovernability for the country. The two political forces that had carried out the austerity measures in recent months obtained 149 seats out of 300 and will now have to look for an ally to try to form a government coalition or call new elections.