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  • New party shakes Greek political scene

    News | Elections 14-04-2014

    A newly established pro-European party intends to change the political balance in Greece ahead of EU elections in May. The new party, Potami (The River), has not decided yet to which European political family it will be affiliated, triggering tensions on the center-left. EURACTIV Greece reports.

  • European Socialist leader urges Greek left parties to cooperate

    News | Elections 12-04-2013

    Greece's Socialist party needs to cooperate with the members of the leftist Syriza coaltion for the creation of a future alliance, said Hannes Swoboda, leader of the Socialists and Democrats in the European Parliament. EURACTIV Greece reports.

  • G20 urges EU leaders to resolve euro crisis

     Video | Promoted content | Economy & Jobs 19-06-2012

    World leaders on Monday urged Europe to resolve the current euro zone crisis that is threatening the world's economy. G20 members want the EU to act faster, after pro-bailout New Democracy's victory in Sunday's Greek election failed to calm the financial markets.
    President of the European Commission Jose Manuel Barroso welcomed the election result and pushed Greek leaders to form a government quickly.

  • New Democracy wins Greek election, but crisis not over

    News | Elections 18-06-2012

    New Democracy, the centre-right political force in Greece supporting the international bailout, begins forging a government after its election victory yesterday (17 June) over Syriza, a leftist force seen by many Greeks as the defender of national dignity. Greece is under international pressure to form a government as soon as possible.

  • EU discuss Greek exit plans

     Video | Promoted content | Economy & Jobs 12-06-2012

    Limiting cash withdrawals, imposing capital controls or introducing border checks. These are the 3 main measures that the EU could implement if Greece decides to leave the euro. According to the news agency Reuters, EU finance officials have been discussing a so-called "contingency plan" ahead of the Greek elections next Sunday.
    As political uncertainty grows in Athens, The European Commission on Tuesday insisted that there is no Plan B for Greece and they are working towards keeping Greece in the euro zone.

  • Spain joins ‘the Group of Debt’

     Video | Promoted content | Economy & Jobs 11-06-2012

    It is not a bailout, but a nearly condition-free loan. This is the message sent by the Spanish government after euro zone finance ministers agreed on Saturday to lend Madrid up to 100 billion euros for recapitalising its banks.
    Following weeks of denying the need for financial assistance, Spanish PM Mariano Rajoy gave in to international pressure. He requested a rescue package that he portrayed as a triumph, but which caused outrage among Spanish citizens.

  • Greek left to hold coalition talks, calls to end austerity plans

    News | Elections 09-05-2012

    'Radical' leftist Greek leader Alexis Tsipras is meeting the leaders of Greece's mainstream parties today to try to form a coalition government, an effort seen as doomed after he demanded they first agree to tear up the country's austerity programme underpinning the bailout deal with the EU and the IMF.

  • Greece: uncertainty grows as biggest party can’t create coalition

     Video | Promoted content | Elections 08-05-2012

    As if it were the plot of a Greek tragedy, the Greek people went to the polls on Sunday to punish those leaders who run the country in "austerity" mode.

    Both socialist PASOK and centre-right New democracy failed to get enough votes, although New Democracy emerged as the biggest party.

    But the center-right leader Antonis Samaras couldn't put together a coalition on Monday.

  • The Ancien Régime unravels in Greece

    Opinion | Elections 07-05-2012

    The achievement of only a third of the vote by Greece's traditional conservative and socialist ruling parties marks the end of the old political order, an electoral revolution which could spread to other European countries if the crisis continues, argues Yiannis Roubatis.

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