Bailout Concerns, Political Risk Send Greece ETF Reeling | Page 2 of 2 | ETF Trends

Fueling the uncertainty in the market, Greece is seeking to opt out of the bailout program early and end the unpopular austerity measures tied with the bailout money.

Additionally, Alexis Tsipras, leader of the opposition Syriza party, is trying to force a snap election early 2015 on the platform for a significant writedown on Greece’s debt. Some observers warn that if the Syriza party won, the country could even leave the euro, writes Mike Bird for Business Insider. The anti-austerity party Syriza is currently 6.5% ahead of the governing conservative party in opinion polls.

Global X FTSE Greece 20 ETF

For more information on Greece, visit our Greece category.

Max Chen contributed to this article.