Investment is the biggest disappointment of the Greek economy

The lack of investment is the biggest disappointment of the Greek economy, Themis Themistocleous, Head Chief Investment Office Europe at UBS Wealth Management, notes in an interview with Kathimerini, explaining why the Greek economy is trapped at low growth rates. He talks about what the outcome of the European elections means for investors while he stresses that the Greek government's pre-election handouts are going to be fiercely resisted by the European creditors and explains why UBS is worried about Greece and Greek bonds.
 

EU elections where not a major theme for the markets in the past, but this time is different. What are the risks investors need to consider when investing in Europe now?

The question is that after the rise of the populist parties in EU elections, how much they can influence legislation within Europe. I think the risk is a...