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- European Stocks. First hour: Markets await Greek ballot
European Stocks. First hour: Markets await Greek ballot
European indices opened mixed after a holiday-shortened week and amid concerns over political instability in Greece where the a third and final attempt of Greece's Prime Minister Antonio Samaras attempt to get his candidate approved by the parliament is taking place today. If this third attempt is not successful general elections will be held in late January or early February that could bring the anti-austerity party Syriza to power and threaten Greece's bailout. Trading volumes are expected to remain low.
The FTSE 100 index is currently trading +0.34% quoted at 6,632.35 points, Germany's DAX 30 lost -0.29% trading at 9,892.99. France's CAC 40 rose by +0.28%, currently trading at 4,307.79 points.
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