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Greek snap election: New Democracy concedes defeat to Tsipras’s leftist Syriza
Greek snap election: New Democracy concedes defeat to Tsipras’s leftist Syriza Greek left-wing party Syriza has secured 145 seats in the country’s 300-member parliament and is set to form a ruling coalition with Independent Greeks after winning 35.5 percent of the vote. The leader of New Democracy, Syriza’s main rival, has conceded defeat. “The electoral […]
Third Greek Bailout Suddenly In Jeopardy: Creditors Warn Cash May Be Delayed If Elections Don’t Go As Desired
Third Greek Bailout Suddenly In Jeopardy: Creditors Warn Cash May Be Delayed If Elections Don’t Go As Desired Just when everyone was convinced that the main “risk off” event of the summer, namely the Greek bailout, was safely tucked away and that having abdicated its sovereignty to its creditors and Germany in particular, who now […]
Another Black Swan? Syriza Outcasts Form New Political Party, Will Push For Grexit
Another Black Swan? Syriza Outcasts Form New Political Party, Will Push For Grexit Once upon a time, Panagiotis Lafazanis had a plan to save Greece. On July 14, just two days after Prime Minister Alexis Tsipras sold out the Greek referendum “no” vote by agreeing to a shockingly punitive bailout deal in Brussels, Lafazanis convened a meeting […]
Far-right Golden Dawn party takes third place in Greece elections
Far-right Golden Dawn party takes third place in Greece elections Greece’s far-right radical party Golden Dawn is expected to come third in the parliamentary election. The anti-immigrant party with Nazi roots is showing remarkable staying power, despite most of its members and lawmakers facing criminal charges. News of Golden Dawn’s all-but-official success comes as the […]
Is This The Day Europe Gets Its Future Back?
Is This The Day Europe Gets Its Future Back? With The Greek election in full motion, and first results perhaps 12 hours away, It would seem useful, no matter how the Greeks vote, to lay to rest a few misconceptions, and to expose a few ‘conceptions’ that have – largely – remained buried to date. […]
Troika Punches Panic Button on Greece and Spain
Troika Punches Panic Button on Greece and Spain After four years of inflicting economic pain and misery on Europe’s semi-bankrupt periphery, the Troika (IMF, ECB and European Commission) is suddenly in a lather over the potential political consequences of its disastrous economic policies: “I wouldn’t like extreme forces to come to power. I would prefer […]
IMF suspends financial aid to Greece – RTÉ News
MF suspends financial aid to Greece – RTÉ News. The International Monetary Fund has said it is suspending financial aid to Greece under its huge rescue program until a new government is formed. IMF spokesperson Gerry Rice said discussion on the completion of the sixth review of Greece’s bailout will resume once a new government […]
Greek election uncertainty fuels concerns over eurozone stability | World news | The Guardian
Greek election uncertainty fuels concerns over eurozone stability | World news | The Guardian. Early elections with the potential to destabilise the eurozone could be called in Greece next year, after the country’s 300 MPs failed to elect a president in their first round of voting. In a ballot of MPs that disappointed government officials, […]
Gold Surges As Greece Crashes – Eurozone Debt Crisis Part II Cometh | www.goldcore.com
Gold Surges As Greece Crashes – Eurozone Debt Crisis Part II Cometh | www.goldcore.com. Gold jumped 2.3 percent to a six-week high yesterday as sharp falls on stock markets globally led to renewed demand for gold as a haven. Monday night and Tuesday saw renewed market turmoil across the world. Leading shares suffered their biggest […]
