Political Risks Keep Pressure on Greece ETF | Page 2 of 2 | ETF Trends

“If Greece’s political system doesn’t show that it’s serious about its commitment to reforms, then government bond yields will remain high,” Mitsotakis said. “This should be understood by everyone involved and mostly from Syriza.”

Over the past month, Greek stocks have declined 16%, the Athens Stock Exchange is one of the worst performing major indices. Meanwhile. GREK is down 12.6% over the past month. Additionally, Greek government bonds have declined 8.4% in the same period, more than any other sovereign security.

Global X FTSE Greece 20 ETF

For more information on Greece, visit our Greece category.

Max Chen contributed to this article.