Teneo

This weekend Prime Minister Kyriakos Mitsotakis took a bold and risky move to expel former prime minister and lawmaker Antonis Samaras from New Democracy. The story, and its potential impact on the government, is the main issue dominating the headlines in Greece over the past few days.

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.