Greece votes ‘yes’
With 155 votes of 'yes' Greece has enough votes to pass the Austerity Bill. Voting now continues to tomorrow, facing implementation laws.
The Greek Stock market shot down like a bullet after voting was through in the Greek Parliament. Even though the Austerity measures were accepted, the Greek General Index was cut in half from being 3% positive, to only 1.5% up. As the Stock Exchange market shoots down, the Forex market is following. The Euro spiraled downward from 1.4430 to 1.4380 within the matter of minutes, against the Dollar.
The Euro rebounded a short while later, as it is currently trading at 1.4410 versus USD.
