Greece Drops Plan to Renegotiate Bailout Terms

By: Friday July 6, 2012 10:15 am

The way the Greek election worked is that Syriza, the far-left party, said they would completely renegotiate the bailout terms that forced austerity on the country. New Democracy, the center-right legacy party that was part of the grand coalition that negotiated the bailout in the first place, countered that they too would seek a renegotiation, [...]

Center-Right New Democracy Wins in Greece, But May Have Trouble Forming Government

By: Sunday June 17, 2012 1:41 pm

With 71% of the vote in, the center-right New Democracy Party has a small but sustainable lead in the Greek Parliamentary elections. They hold 30.1% of the vote to 26.5% for the left-wing Syriza party. Pasok, the center-left party, holds third with 12.6%, the Democratic Left came in fourth with 7.5%, and the neo-Nazis in [...]

Early Exits in Greek Elections Show Tight Race

By: Sunday June 17, 2012 10:45 am

Early exit polling from Greece, in the second election to try to form a government in as many months, shows an incredibly narrow race between the center-right New Democracy party and the far-left Syriza party. It raises the possibility that no single party could form a government again, which would mean yet another potential round [...]

Greek Elections Sunday, Threats to Eurozone Downplayed

By: Friday June 15, 2012 7:02 am

We’re just two days away from a consequential vote in Greece. The lack of polling over the last two weeks and the closeness of the race between the far-left, anti-austerity Syriza, and the center-right, pro-bailout New Democracy, makes the outcome a genuine question. The Greeks themselves don’t believe the outcome will lead to a Eurozone [...]

Greek Center-Right Leader Wants to Delay Austerity

By: Thursday June 14, 2012 8:15 am

Regardless of whether Germany bends on the euro crisis, we will still have a fairly desperate situation in Greece. New unemployment figures show an all-time high in the country, and economic activity is practically non-existent. Many workers are staying on their jobs without pay, in contrast to the stereotype of the lazy Mediterrenean workforce. And [...]

Two Weeks Before Greek Elections, Deadlock at the Top

By: Monday June 4, 2012 7:01 am

With apologies to Wisconsin, we’re a little less than two weeks away from the most important election of the year. It’s happening in Greece, where you have a contest that will likely determine the future of that country, and by proxy the future of Europe. The far-left Syriza party and the center-right New Democracy have [...]

Greek Polling Shows Syriza Slipping, Result of Outside Whisper Campaign

By: Monday May 28, 2012 8:21 am

In the US, Republicans like to call accurate descriptions of their plans to destroy our old-age health care system the “Mediscare.” Putting aside the accuracy part, I guess we can call EU leaders’ apparently somewhat successful effort to influence the Greek elections the “Euroscare.” EU leaders, and primarily Germany, have been doing everything they can [...]

Europe on the Brink, as Warnings and Counter-Warnings Fly

By: Friday May 18, 2012 9:35 am

Alexis Tsipras of the front-running far-left Syriza party in Greece said that continuing on the current path of EU-enforced austerity would send the country to hell. His top rival, Antonis Samaras of the center-right New Democracy party, said that Greece risked a “nightmare” if they didn’t adhere to the agreed-upon reforms and found themselves outside [...]

New Elections Nearly Certain in Greece

By: Monday May 14, 2012 6:15 am

We’ll probably get the final word today, but I think it’s safe to say there will not be a Greek government forming out of the most recent elections. After the top three vote-getting parties each tried and failed to form a government, the Greek President made one last plea to amass a government of national [...]

Greece Moves Closer to a Second Round of Elections

By: Friday May 11, 2012 12:55 pm

Greece’s third bid to form a government after Parliamentary elections last week failed today, after Alexis Tsipras of far-left coalition Syriza rejected an offer to form a coalition with PASOK, the third-place finisher. Alexis Tsipras, the leader of the leftist party Syriza that made huge gains in Sunday‚Äôs elections on an anti-austerity platform, rejected a [...]

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