Greek Poll Shows “NO” Ahead

The results of the first opinion poll of Greek voters conducted since the weekend’s dramatic events was released this morning by the Efimerida ton Syntakton newspaper. The survey showed 54% voting “NO” and 33% voting “YES” with the remainder presumably undecided.

Within the last few minutes reports are emerging that the Greek government has offered a serious climb-down by letter, offering to accept almost all the conditions requested for a fresh bailout. This has raised fresh hopes that some kind of deal might be struck after all before the Greek electorate goes to the polls on Sunday. However, the situation is unclear to say the least, although this news did cause European equities to bid upwards. It should be noted that the offer by letter has apparently been known to the European partners since yesterday evening.

Eurozone finance ministers will apparently be discussing the Greek offer by conference call at 3:30pm GMT.

Greek Crisis

Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.