Australian Prime Minister Kevin Rudd and his Labor Party were defeated quite decisively in an election that sees the return of a Liberal-National Party coalition to power for the first time in six years. Kevin Rudd’s defeat comes months after challenging former Australian Prime Minister Julia Gillard for the leadership of the Labor Party. Liberal […]
Read MoreIn an effort to boost the 42-year old heir to the Gandhi–Nehru political dynasty’s helm, India’s ruling Congress Party created the post of Vice PresidentĀ of the party and nominated him to fill the seat, underscoring his position as the party’s number two under his mother Sonia Gandhi, the Congress Party president. Sonia is the wife […]
Read MoreThe move comes from the coalition government in Greece’s parliament in order to appease creditors to the debt-ridden state as part of its bailout agreements. The law raises taxes on top earners, simplifies tax brackets, and extends income taxes to farmers. As part of its $45.5 billion bailout, Greece has to pass such laws even […]
Read MoreGreek President Karolos Papoulias has announced that talks to form a coalition, technocratic government have failed and new elections are expected. Evangelos Venizelos, leader of the Panhellenic Socialist Movement (PASOK), has presided over three failed coalition talks and is now instrumental in forming a caretaker government to chaperone Greece into its next round of elections. […]
Read MoreResponding to Greek leftist coalition Syriza’s leader Alexis Tsipras’ vow to abandon the debt resettlement terms, German leaders vowed today to cut Greece off from any international monetary aid if they fail to support the debt renegotiation settlement terms. Struggling to form a government in the wake of the May 6 elections, Greece’s leadership has […]
Read MoreThe fate of Greece rests in the hands of a newly elected far-left leader, Alexis Tsipras, propelled to power on a platform that Greece could no longer support her international loan agreements. The anti-austerity, leftist coalition, Syriza, emerged surprisingly strong after this past weekend’s poll, winning 16.8% of the vote. News of Greek anti-austerity measures […]
Read MoreThe start of voting in an early general election in Greece has not gone well for proponents of the European idea: After two years of austerity and financial crisis, the Greek public is turning away from the traditional conservative New Democracy party and the socialist Pasok, the two poles of Greek political life for decades. […]
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