Axioma: Greek Crisis 2015 - Stress Testing Scenarios For Asset Management Portfolios

The failure of Greece to agree to terms with its creditors for an extension of its October 2011 bailout program has drawn attention and concern from investors for much of the past six months. The election of the left-leaning Syriza government, lead by Alex Tsipras, has brought a long-running crisis to a head. Syriza was elected with a large popular majority on a platform that promised to end the so called “Austerity” program insisted upon by Greece’s creditors, and whose goal was to reduce