Greek election: Danger of contagion or buying opportunity?

Left-wing Syriza's Greek election win has sparked suggestions of a read-across to other eurozone countries, but some say it could be a buying opportunity for investors.

Left-wing anti-austerity party Syriza emerged overnight as the winning party in this weekend's Greek election, setting the scene for a stand-off between the country and its creditors. The party's leader Alexis Tsipras wants to write off half of the country's debt while keeping it in the euro, a demand that is expected to create tensions between Greece and the "Troika" - the ECB, the European Commission and International Monetary Fund - which oversees its existing bailout package. Though many European institutions took steps to insulate themselves from the fallout of a Greek collapse i...