Sunday , February 9 2025

Recent News

Rubini Expects Greece to Exit Euro Next Year

 “Noted market bear Nouriel Roubini has called the ongoing political turmoil in Europe a “slow motion train wreck.” Speaking to CNBC in Las Vegas on Tuesday, Roubini said he expects Greece to leave the euro zone by next year. Roubini΄s comments come after Greek voters rejected pro-bailout parties in Sunday΄s …

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Greece: New Government or Fresh Elections?

Greece is heading rather towards fresh elections than a coalition government. Taking into consideration statements made by socialist PASOK and conservative Nea Dimokratia, it looks as if there is hardly common ground for a coalition under left-wing SYRIZA. Venizelos already signaled that he would skip the mandate and ask the president …

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Greece Gov’ Talks: Venizelos To Skip Mandate, If…

Leader of socialist PASOK, Evangelos Venizelos, intends not to accept the mandate to form a government should his meeting with SYRIZA-leader Alexis Tsipras proves fruitless this evening. Venizelos proposal for the next Greek government targets a broader coalition government consisting of parties that support the euro. Otherwise, he would not accept …

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ECB:No Alternative to Bailout Programme, if Greece Wants to Remain in EZ

Alexis Tsipras governance priority to rip out the “barbaric” austerity programme prompted a reaction by the European Central Bank on Tuesday. Joerg Asmussen, ECB Executive Board member, raised for the first time the possibility of a Greek exit from the euro zone. “Greece needs to be aware that there is …

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Turmoil as SYRIZA-MP Speaks of “Utilization” of Citizens’ Deposits

Dimitris Stratoulis, newly elected MP and member of  left-wing SYRIZA, the party that currently leads exploratory talks to form a coalition government,  schocked Greeks on Tuesday morning when he spoke of “utilization” of citizens’ bank deposits for development.  Speaking to TO VIMA FM, Stratoulis said that when SYRIZA will come to power, …

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Greece’s Oldest Active Voter is 111 Years Old

The man is apparently the oldest Greek voter. Proud 111 years old. On Sunday, Charalambos Mitsoglou entered the polling centre in Nymfopetra, in Volvi prefecture, and showed his identity card.   Judicial and elections representatives were surprised to read his birthday date, when the man handed out his ID. Mitsoglou casted …

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Barroso Warns Greece: Only Choice “Austerity” or “Default”

Take a look at this development: incapable and corrupt Greek politicians on one side, and harsh austerity without growth perspective enforced by EU and IMF on the other side, could push Greeks to chant “We want default” at the end of the day… Less than 48 hours after the general elections in …

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Tsipras Reveals Gov’ Conditions: Annul Bailout Measures, Banks Under Public Control…

“The popular verdict clearly renders the bailout deal null” Alexis Tsipras, leader of left-wing SYRIZA, said during a press conference shortly after he received the mandate to form the next government of Greece. Saying that “3 million voters rejected the austerity-bailout”, Tsipras revealed the his party’s conditions for future government coalitions: 1. Immediate …

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Tsipras Recieved Mandate To Form Greek Government

Alexis Tsipras, leader of left-wing Radical Left Coalition (SYRIZA), the party that emerged second at the Greek elections 2012, received the mandate to hold exploratory talks and form the next coalition government. «This is a historical moment for the Left” Alexis Tsipras told President Karolos Papoulias. Tsipras, 38, will seek to …

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IMF Poul Thomsen: I wanna go home….

Did IMF’s representative for Greece, Poul Thomsen, request to be transferred away from Greece six months ago? Greek  daily Imerisia quoted Vicky Pryce, an economist based in UK, saying: ” I have learned that Poul Thomsen, with whom I was at a panel discussion about Greece in London School of Economics, had …

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Greek Elections 2012: Final Results 100.00%

  Greek Elections 2012 – Here are the final results according  to Interior Ministry and voting processing system Singular Logic. The results refer to 100.oo% counting of the votes. From the 9,949,401 registered voters only 65,10% casted their votes. This has to do also with the fact the voters’ lists include those living abroad, …

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Samaras Returns Government Mandate to President

Leader of conservative Nea Dimocratia, Antonis Samaras, returns the mandate to form a coalition government after meeting with three political leaders proved fruitless. “There is no common ground,” Samaras told reporters after he concluded the meetings with potential government partners, just five hours after he was appointed. Samaras said that he called the …

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