Economists vote for stability

Rating agencies and international analysts are eager to see post-election Greece continue on its current fiscal path and reform policy.

They expect this question to be answered following the new polls in July, after which their baseline scenario sees either a coalition government led by New Democracy or independence of the ruling party. At the same time, they highlight the significant threat to the Greek economy of an unstable government.

After all, the rating agencies have made it clear: A key factor in upgrading Greece is maintaining the pace of structural reforms and fiscal discipline, because the last thing the country needs is an unstable government.

S&P, for example, in its recent report on Greece emphasized that "we could upgrade Greece within the next 12 months if fiscal discipline is maintained, while the upgrade will also depend on the maintenance of...