European Market Insight: Markets Breathe Sigh of Relief After Greek Elections

Germany is perceived to be in the driving seat of eurozone bailout negotiations as it is the nation who is footing most of the funding support and has the strongest economy.
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European Market Insight: Markets Breathe Sigh of Relief After Greek Elections
Spanish Prime Minister Mariano Rajoy (R) is seen at the UEFA EURO 2012 group C match between Spain and Italy in Gdansk, Poland. An independent study last week found that Spanish banks would need collective capital of between $64 billion and $77 billion. (Jasper Juinen/Getty Images)
Valentin Schmid
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<a><img class="size-large wp-image-1785736" title="146119457" src="https://www.theepochtimes.com/assets/uploads/2015/09/146119457.jpg" alt="Spanish Prime Minister Mariano Rajoy (R" width="590" height="442"/></a>
Spanish Prime Minister Mariano Rajoy (R

Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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