It is difficult to see how Greece's newly elected government could have gotten off to a worse start. In the short space of four days after being elected, it has managed to antagonize its official creditors on whom Greece still remains so highly dependent. It has also managed to roil Greece's financial markets as well as to incur harsh warnings from its rating agencies. All of this is highly suggestive of Greece rapidly moving toward a full-blown financial crisis that could force Greece out of the euro well before year-end.
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