This short article talks about how the markets in both Italy and Greece are reacting to the recent stepdowns of Italian premier and Greece prime minister. The market is actually rewarding these moves by increasing the borrowing rate. Also the DOW has went up recently as well because of this. This shows that the market approves these political moves, and it is somewhat confident that the new heads can improve the economic mess that these two countries are in. Clearly even the slightest hope right now for these two countries are giving the market confidence, and furthermore this story demonstrates how politics and economy are tightly linked together in not only the domestic country, but also the world as a whole.
http://www.economynews.us/economy/italy-and-greece-lose-their-heads-markets-reward/
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