“The Tsipras dissolve Parliament and go to early elections in the autumn”

An increased risk of early elections on the occasion of the second assessment that starts in the fall…
and delay the integration of Greek bonds in the program of quantitative easing of the ECB, it “sees” the BofA Merrill Lynch in its latest report on Greece.
H BofA Merrill Lynch notes that in the second half of the year probably proved to be particularly “noisy” for our country, due to evaluation.
The BofA underlines the weakness of tax revenues and, in particular, the failure by 337 million. euro July, pointing out that if this trend continues it may threaten the achievement of the objectives of the programme.
However, the investment bank remains cautiously optimistic, and makes special reference to the possibility of entry of Greek bonds in the program of quantitative easing of the ECB.
“As we have argued in the past, the timing of participation in the program of quantitative easing remains a big question”, stresses the BofA.
Finally, it was stressed that the majority of Alexis Tsipras remains weak and during the second evaluation will be applied fairly controversial measures.
Thus, the risk of Alexis Tsipras to dissolve the Greek Parliament and go to early elections is still real, concludes the BofA.