Greece ETF: Hoping For a Clean Break

Politics will also play a part in Greece’s ability to move forward without further financial assistance from the region’s larger countries.

“Assuming the economy continues to grow, the fourth review goes smoothly, and market conditions remain benign, the decision on whether to seek a clean exit or request a credit line will be a political choice,” said Markit. “A Greek exit from its bailout would send a strong signal that the country has started to recover following a decade-long crisis, and the government has strong incentives to go down this route.”

Year-to-date, investors have added $66.74 million to GREK, more than was added to the fund all of last year.

For more information on the Greek markets, visit our Greece category.