The outlook for the country has completely changed. I'm very overweight Greece because I find very, very good opportunities, very well-run companies and very cheap valuations. Greece is only just emerging from the crisis. Because they've cut their cost bases so low, the profitability growth is going to be enormous if we get positive GDP growth.And some key economic metrics seem to show the worst may be over. The Foundation for Economic and Industrial, a Greek think tank, research recently compiled some data suggesting the Greek economy has turned a corner or may be close. First off, after a tough summer, Greek economic sentiment indicators have improved in tandem with the euro zone.
A Greek Siren Song Enchants High Risk Investors
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