Teneo

The government is expected to survive a no-confidence vote on Thursday, pushed forward by opposition parties, but pressure is growing over the Tempe train crash.

Wolfango Piccoli, co-founder of risk analysis company Teneo, joins Thanos Davelis to discuss the market reaction to the Greek elections, the message the election results sent to investors, the reforms that a new government in Greece will need to focus on, and more.

According to Wolfango Piccoli, co-president at financial advisory firm Teneo, Sunday's election result had a "devastating" impact on the SYRIZA leftist opposition, while leaving New Democracy in a dominant position with limited scrutiny.

"It is a devastating outcome for the opposition, especially for SYRIZA," Piccoli told news website Politico.

Hungarian Prime Minister Viktor Orban waves to his supporters during the governing Fidesz-KDNP party's event after the general election and national referendum on the child protection law in Budapest, Hungary, 03 April 2022. EPA-EFE/ZOLTAN FISCHER

The National Election Office said Fidesz would have 135 seats, a two-thirds majority, and the opposition alliance would have 56 seats.

A handout from Russian Defence Ministry press service shows Russian tanks being transported by rail from a ground shooting range in Russia, 18 February 2022. EPA-EFE/RUSSIAN DEFENCE MINISTRY

When a huge earthquake and tsunami struck Japan on March 11, 2011, devastating towns and triggering nuclear meltdowns in Fukushima, a stunned world watched the chaotic struggle to contain the world's worst nuclear disaster since Chernobyl.

Turkey's long road to economic reform may have grown bumpier this week when authorities ordered a re-run of an Istanbul city election, further testing the patience of investors seeking a break with policies that triggered last year's currency crisis.