Bagel, I wouldn't be worried about that: the biggest representation in the PSOE european socialist party after these elections is Italian and it is a completely pro-europe and pro-euro party (PD). In fact is is becoming under new leadership a centre-left christian democrat party rather than a socialist, leftist party, very far from its comunist roots.
The election here will have very little effect on the Irish economy or on the boi share price. Much more interesting is what's happening in the European parliament. There will be sizeable number of euro sceptic members disrupting things from the inside after this election. Fortunately, Germany seems to have given Angela some comfort so she may be able to keep the centre right and centre left on course for now. However, if the European economy is not showing growth and benefit to its members (citizens) in 5 years time then I can see Europe, as an economic area, in serious bother.
I think it will now spur the ECB Into serious action this summer to do what it has failed to do so far and kick start this economy into life. To my mind sustained QE Europe is on the way.
i had half my holding in to be sold @ .288 on friday , never reached that level of course , will see what happens tommorrow but i expect the start of the run down to wilbur ross,s latest move will happen in a few days
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.