After defeating Russia in qualifying for Euro 2012, Greece are preparing to face Germany in the quarter-finals. A confrontation with major political overtones that will be watched eagerly in Greece. But in another league, the € league, after the election result, Greece at least avoided relegation. THE Asian markets responded by approving the electoral outcome, and the regional index registers an increase of close to 2%. The single currency strengthened to 1,27, but not against the Australian dollar, which again exceeded parity against the US dollar, encouraged both by the new record reached by mining investments in Australia and by the Chinese government's declarations assuring the maintenance of growth and a rebound in the coming quarter.
Gold, which doesn't like good news, is on a slight decline, and oil has hit 85 per barrel on the upside.
