Economics

World's Best Market Shows Why Politics Matters: Taking Stock

A visitor passes beneath a stock price ticker screen inside the Hellenic stock exchange in Athens.

Photographer: Kostas Tsironis/Bloomberg

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Well, this is something you haven’t heard in awhile: Greek political developments are buoying equities.

The nation’s stock index was already one of 2019’s top performers globally even before the European Union elections, but the crushing defeat of Alexis Tsipras’s populist party and prospect of a snap election has filled the rally with fresh fuel.