defence minister: REUTERS/Alkis Konstantinidis The coalition governing Greece for the past four years crumbled on Sunday after Defense Minister Panos Kammenos, head of the Independent Greeks ANEL party, left the government, leaving Tsipras short of an outright majority in parliament and raising the possibility of a snap election, according to The Independent. But investors are relatively confident that Tsipras can win the vote and the market reaction has been muted. Greek Prime Minister Alexis Tsipras attends the swearing-in ceremony of newly appointed Defence Minister and former Chief of Hellenic National Defence General Staff Evangelos Apostolakis at the Presidential Palace in Athens, Greece, January 14, 2019. Even if he loses, it would mean bringing an election scheduled for October forward by a few months, bankers and analysts said. Greek lawmakers will start debating the confidence motion on Tuesday, culminating in a vote late on Wednesday. A positive confidence vote for Tsipras remains the most likely outcome but even the eventuality of snap elections could be viewed as a shortening of the period of uncertainty, said Tasos Anastasatos, chief economist at Athens-based Eurobank.
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