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Politics

Foreign News Media React to Greek Election Results

The Greek election results have become the main focus of international news agencies around the world with special reports commenting on the new political situation forming in Greece and underlining the rising uncertainty concerning both the future of the...

IMF: 'No More Payments If Greece Disagrees With the Measures'

"The IMF is threatening Greece that they will stop paying installments if the new government disagrees with the future austerity measures," reported an IMF official to the Dow Jones news agency. According to the news agency, the creditors are willing...

Merkel: Greece Μust Stick to Reform Path

Germany΄s chancellor said any new Greek government must continue to implement the mix of austerity measures and structural reforms that the country has agreed to in exchange for its international bailouts. According to Associated Press, Chancellor Angela Merkel on Monday...

Without a Coalition, New Elections Loom in Greece

ATHENS – New Democracy Conservative party leader Antonis Samaras, whose party gained first place in the May 6 elections with only 18.86 percent of the vote – its worst showing ever – has until May 10 to form a...

Shock to Democracy: Nazi-Friendly Party Golden Dawn Enters Greek Parliament

Extremist-right party Golden Dawn, whose logo is reminiscent of a swastika, gathered enough votes to win almost 20 seats in the Greek parliament. The results of Greece's May 6 election have shocked the Greek political scene, but the biggest...

Greek Election: Political Leaders Spin the Results

ATHENS – Even as the votes were still being counted in the May 6 general elections to replace a temporary, shaky coalition government, and with exit polls showing big gains for groups opposed to the austerity measures demanded by...

International Press Focuses on 'New' Political Figures

The early exit polls, which became public minutes after the end of the voting process, show that the end of the bipartisanism in Greece has come. New Democracy party appears to be first, though it is not clear yet. To...

Greek Elections Cast Upsets, Uncertainty Over a New Coalition

ATHENS – As voter returns in the May 6 Greek elections showed a rejection of the traditional ruling parties of New Democracy Conservatives and PASOK Socialists support for austerity, they still nonetheless seemed to have gotten enough combined support...

Banks Want Technocrats to Run Greece, Not Politicians

ATHENS – As Greeks were set to vote on May 6 for a new government that could be another coalition administration, the country’s international lenders said if a stalemate results, that if a fragmented coalition government is elected without...

May 6: Greeks Vote In The Most Crucial Election Since The Return Of Democracy

Despite the fact that this election is an early one as the economic crisis forced out the previous elected government led by George Papandreou, it feels as if the last elections were ten years ago instead of two. This...

Schaeuble Sends Warning on Greek Elections

On the eve of the Greek elections, German Finance Minister Wolfgang Schaeuble sent a warning to Greece that it will have to "bear the consequences" if it fails to elect a government that does not respect commitments made by...

Greek Elections Campaign Reaches Home Stretch With Promises Flying

ATHENS – After a three-week campaign that was mostly conducted in closed-doors members-only rallies and away from a public furious over austerity measures, a mix of mainstream traditionalists, anti-capitalists, anti-bailout groups, Nazis, nationalists and even a porno star made...

Venizelos: Elections Will Judge If Greece Stays In Euro

Socialist leader Evangelos Venizelos told voters on Friday that Greece may have to abandon the euro if they fail to support him in Sunday's general election. His last appeal before the poll echoed a stark warning by German Finance Minister...

Fitch: Greek Euro Exit Increasingly Likely

Fitch Ratings said Thursday that although its main view remains that the eurozone will survive the region's sovereign debt crisis intact, the risk of alternative outcomes is rising, with a Greek eurozone exit the most likely of those alternative...

3 Scenarios for the Greek Elections and the Euro

Greece faces its first parliamentary elections since the debt crisis erupted and are critical for the whole eurozone. The mainstream, pro-bailout parties will be hit, but how bad? Here are three possible outcomes and their meaning for the euro. The previous...