European Debt Crisis
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Talks to Form Greek Coalition Government Collapse – New Elections Expected as Euro Zone in Turmoil
- May 15, 2012
- Alexis Tsipras
- Antonis Samaras
- Austerity
- Bailout
- Chryssi Avgi
- coalition government
- Euro
- Euro bonds
- Europe
- European Central Bank
- European Debt Crisis
- European Union
- eurozone
- Finance
- financial crisis
- Golden Dawn
- Greece
- Greek
- Greek Debt
- Greek debt crisis
- IMF
- Karolos Papoulias
- left coalition
- leftist coalition
- Monetary Union
- New Democracy
- Pan Hellenic Socialism
- PASOK
- socialist
- Sovereign Debt
- SYRIZA
Greek 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. […]
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Germany Threatens to Cut Greece Off
- May 9, 2012
- Alexis Tsipras
- Angela Merkel
- Antonis Samaras
- Austerity
- Bailout
- Chryssi Avgi
- coalition government
- ECB
- Euro
- Euro bonds
- Europe
- European Central Bank
- European Commission
- European Debt Crisis
- Golden Dawn
- Greece
- Greek
- Greek Debt
- Greek debt crisis
- IMF
- Karolos Papoulias
- left coalition
- leftist coalition
- Martin Schulz
- New Democracy
- Pan Hellenic Socialism
- PASOK
- socialist
- Sovereign Debt
- SYRIZA
Responding 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 […]
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Greek Political Crisis Emerges as Leftist Coalition Syriza’s Leader Alexis Tsipras Vows to Reject Austerity
- May 8, 2012
- Alexis Tsipras
- Antonis Samaras
- Austerity
- Bailout
- Chryssi Avgi
- coalition government
- Euro
- Euro bonds
- Europe
- European Central Bank
- European Debt Crisis
- Golden Dawn
- Greece
- Greek
- Greek Debt
- Greek debt crisis
- IMF
- Karolos Papoulias
- left coalition
- leftist coalition
- New Democracy
- Pan Hellenic Socialism
- PASOK
- socialist
- Sovereign Debt
- SYRIZA
The 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 […]
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News
Spanish Youth Unemployment Reaches Fifty-One Percent
Over half of all youth in Spain are unemployed, raising anew concerns that Spain’s economic woes may lead to a ‘lost generation.’ Unemployed youth in Spain hit 51.4% in December 2011, double the European Union average while the national unemployment rate was at 22.85%, its highest level in 17 years and according the The Telegraph, […]
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Finland asked Greece for collateral, other Euro states miffed.
Euro Group President Jean-Claude Juncker is upset with the bilateral agreement between EU states Greece and Finland with regards to Finland’s request for collateral in the 109 billion euro bailout agreement. Bilateral agreements within the EU are particularly irksome when the other members who contributed to the bailout requested nor received any such concessions. Junckler […]
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New IMF chief Christine LaGarde advocates capital injections for European banks.
IMF Chief Christine LaGarde, replacement for Dominique Strauss Kahn (who seemed to be busier chasing tail than focusing on his job), has advocated for a capital injection into European banks and states that ‘decoupling’ EU states from the monetary union is a myth. She has argued for capital injections into European banks, solutions to the […]
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