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Sunday, January 25, 2015

Tsipras: New Greek government will negotiate fair, mutually beneficial financial solution

by  Associated Press Tsipras: New Greek government will negotiate fair, mutually beneficial financial solution Associated Press - 25 January 2015 16:29-05:00 ATHENS, Greece (AP) — Tsipras: New Greek government will negotiate fair, mutually beneficial financial solution. News Topics: Business, General news, Government and politics People, Places and Companies: Greece, Western Europe, Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Belgian finance minister sees room to discuss 'modalities' of Greek program, not the essence

by  Associated Press Belgium sees some room to discuss Greek debt program Associated Press - 25 January 2015 16:37-05:00 BRUSSELS (AP) — Belgium's finance minister says he sees some room to discuss the "modalities" of the Greek debt program with the other eurozone nations after the election victory of the left-wing Syriza party that seeks an end to painful austerity measures. Johan Van Overtveldt said on the eve of a eurozone finance ministers' meeting that "we can talk modalities, we can talk debt restructuring, but the cornerstone that Greece must respect the rules of monetary union — that must stay as it is." He told VRT network Sunday that even if some things could be changed to accommodate the demands of Syriza "it is impossible to fundamentally change things." In Germany, the opposition Left Party has welcomed the Greek result, calling it a "sign of hope for a new start in Europe." News Topics: Business, General news, Government and politics People, Places and Companies: Greece, Belgium, Western Europe, Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Greek election winner Tsipras: Vote result means 'troika' of debt inspectors thing of the past

by  Associated Press Greek election winner Tsipras: Vote result means 'troika' of debt inspectors thing of the past Associated Press - 25 January 2015 16:26-05:00 ATHENS, Greece (AP) — Greek election winner Tsipras: Vote result means 'troika' of debt inspectors thing of the past. News Topics: Business, General news, Government and politics People, Places and Companies: Greece, Western Europe, Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Greek leftist Tsipras hails victory against austerity, bailout

Greek leftist leader Alexis Tsipras hailed the projected victory of his anti-austerity Syriza party in Sunday's snap election as a defeat for austerity and the EU/IMF bailout programme keeping the country afloat. "The Greek people's mandate is undoubtedly closing the vicious circle of austerity. Your mandate in undoubtedly cancelling the bailouts of austerity and destruction, Greek people's ...


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Election winner Tsipras: Greece today leaves behind austerity and humiliation

by  Associated Press Election winner Tsipras: Greece today leaves behind austerity and humiliation Associated Press - 25 January 2015 16:24-05:00 ATHENS, Greece (AP) — Election winner Tsipras: Greece today leaves behind austerity and humiliation. News Topics: Business, General news, Government and politics People, Places and Companies: Greece, Western Europe, Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Greece election: Radical Syriza party set for big poll victory

"The Greek people have spoken and I respect their decision," he said during a news conference., pointing out that he had inherited a "hot potato" on ...


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Greeks hand stunning victory to anti-austerity Syriza

Greece on collision course with rest of Europe after handing general election victory to far-left party that has vowed to reject austerity


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'Hospitals with no medicines, graduates with no jobs, children with no hope'

Nick Squires witnesses unheard-of poverty and long-gone diseases return to Greece, the birthplace of the European ideal


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Greek PM Samaras congratulates Syriza leader on election victory

An official projection showed Syriza will easily win but may fall short of an absolute majority in parliament by as little as one seat. Samaras, whose New Democracy party trailed in the projection by almost nine points, is expected to formally concede ...


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Greece’s left-wing Syriza party set to take power after snap elections

Greece‘s leftwing Syriza appeared on course to trounce the ruling conservatives in Sunday‘s snap election and could win the absolute majority it wants to fight international creditors‘ insistence on painful austerity measures. Syriza was on course to ...


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Greek Leftist Party Syriza Set to Win Election, Interior Ministry Projects

ATHENS—Greek leftist party Syriza is set to win Sunday’s election but may not have enough support to form a government on its own, according to an official projection from the interior ministry. The antiausterity party is projected to win 150 seats in ...


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Syriza close to Greek vote majority

Alexis Tsipras, leader of Greece's Syriza left-wing main opposition party, casts his vote at a polling station in Athens (AP) Greece's Prime Minister Antonis Samaras casts his vote at a polling station in Pylos, southern Greece Greek election officials ...


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German Banker Warning To SYRIZA

As the anti-austerity SYRIZA was romping in the Greek elections it got a warning from a German banker it has to stick to reforms to keep loans coming. The post German Banker Warning To SYRIZA appeared first on The National Herald.


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Thomas Telemachus Timayenis: Enduring Shame of the Greek Nation

Thomas Telemachus Timayenis rates high in the rogue’s gallery of Greek criminals, scoundrels and ne’er-do-wells who made the United States their home. Few Greeks arrived in North America with better prospects than Timayenis. Fewer still have disgraced the Greek people so profoundly as this one man. No comprehensive history of the Greeks in the United […] The post Thomas Telemachus Timayenis: Enduring Shame of the Greek Nation appeared first on The National Herald.


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Greek Bonds May Drop on Syriza Win as ECB Buying Mutes Contagion

Greece’s government bonds may open lower after the Interior Ministry said Syriza, a party committed to renegotiating the country’s debt obligations, was set to triumph in a general election.


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Greek PM Samaras concedes defeat in snap election

Outgoing Greek Prime Minister Antonis Samaras said he respected the decision of the Greek electorate after official projections showed voters rejecting his conservative New Democracy party in favour of the leftist Syriza on Sunday. I have a clear conscience," Samaras said in a televised statement. "New Democracy will remain ready to play a decisive role in future developments, as the guarantors ...


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Greek anti-austerity aims for win

Greece's leftwing Syriza appeared on course to trounce the ruling party, putting it on a collision course with Brussels.


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Outgoing Greek Prime Minister Antonis Samaras Concedes Defeat in National Election

Outgoing Greek Prime Minister Antonis Samaras concedes defeat in national election


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Syriza win puts Greek bailout in jeopardy

Euro zone finance ministers gather in Brussels tomorrow for a scheduled Eurogroup meeting that will be dominated by the outcome of the Greek elections, following Syriza’s victory in the country’s snap general election. Just 24 hours after Greek voters ...


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Greek radical left wins election, threatening market turmoil

ATHENS, Greece (AP) — A radical left-wing party that is demanding an end to Greece's painful austerity measures won Sunday's parliamentary elections, threatening renewed turmoil in global markets and throwing the country's continued membership in the eurozone into question.


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Euro falls after Greek exit polls show Syriza win

WELLINGTON (Reuters) - The euro fell on Monday after exit polls in Greece's general election showed the leftwing Syriza party winning a comfortable ...


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Europe's Austerity Moment Is Ending

Voting in Sunday's much-watched Greek elections has ended, and exit polls suggest that the far-left Syriza party has captured nearly 40 percent of the ...


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Syriza set for Greek election victory

Uncertainty over absolute majority for far-left party


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Greek election 'will send shockwaves through Europe'

Projections suggest a historic victory for the anti-austerity Syriza party in Greece's general election. However, it is unclear whether Syriza has enough votes to govern the country alone. The BBC's Gavin Hewitt said that the projected result would "send ...


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Greek Exit Polls Project Election Win For Anti-Austerity Party

The projected landslide would mark a rejection of the austerity measures imposed on Greece by its creditors


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Greek Election: PM Concedes Defeat To Syriza

The Greek Prime Minister has conceded defeat to the leader of the anti-austerity Syriza party in the country's general election. The victory for Syriza raises the prospect of a stand-off with European creditors. Partial results suggest it has secured 36.5% ...


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Syriza wins 35.14 % of votes in Greece’s parliamentary polls

At the current moment, some 19.75% of the protocols have been counted


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Greek Election: Syriza Party Set To Take Power

An official projection indicates Greece's anti-austerity Syriza party is on course to win the country's general election, raising the prospect of a stand-off with European creditors. Partial results suggest it has secured 36.5% of the vote, compared to 27 ...


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Greece shows what can happen when the young revolt against corrupt elites

The rise of Syriza can’t just be explained by the crisis in the eurozone: a youthful generation of professionals has had enough of tax-evading oligarchsAt Syriza’s HQ, the cigarette smoke in the cafe swirls into shapes. If those could reflect the images in the minds of the men hunched over their black coffees, they would probably be the faces of Che Guevara, or Aris Velouchiotis, the second world war Greek resistance fighter. These are veteran leftists who expected to end their days as professors of such esoteric subjects as development economics, human rights law and who killed who in the civil war. Instead, they are on the brink of power.Black coffee and hard pretzels are all the cafe provides, together with the possibility of contracting lung cancer. But on the eve of the vote, I found its occupants confident, if bemused. Continue reading...


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Liberal Syrizas win big in Greece's elections

Greece's left-wing opposition Syriza Party is leading the New Democracy conservatives in the last nine polls.


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Bundesbank President calls on Greece to stick to its agreements

Deutsche Bundesbank President Jens Weidmann has called on Greece to stick to its agreements. The president of the central bank of the Federal Republic of Germany said he hoped the new government would not make promises ...


READ THE ORIGINAL POST AT en.enikos.gr

Syriza stood up to the money men – the UK left must do the same

Just imagine: if Labour wasn’t so in thrall to economic bodies and their predictions, we might have a radical left of our own‘When you study the successful experiences of transformative movements,” said Pablo Iglesias of Podemos, the new party of the Spanish left, “you realise that the key to success is to achieve a connection between the reality you have diagnosed and what the majority actually feels.”This statement is more than bleedin’ obvious. It is crying out for a response that includes an expletive and Sherlock Holmes. Yet that’s what Iglesias has built: a successful, transformative movement. And in Greece, that’s what Syriza has built too, as demonstrated on Sunday, when a country that only a few years ago saw the rise of the fascist Golden Dawn party, went to the polls with a majority supporting the radical left. That, to a degree, is also what the yes campaign built in Scotland. So we know it is possible, to diagnose a reality that so many people actually feel. It should be possible, also, to decipher how these movements did it. Continue reading...


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Greek poll favourite, Syriza, says alternative must be found to austerity

The leader of the radical left-wing Syriza party, which was favourite to win Greece's parliamentary election on Sunday, said Europe must find an alternative to austerity.


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Greece's Syriza on verge of outright majority in vote

… :05pm GMT ATHENS (Reuters) - Greece's anti-austerity leftist party … enter the Greek parliament with former Prime Minister George Papandreou's …


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Greeks vote; expected to usher in first anti-austerity govt in Europe

Syriza party leader Tsipras has surged to popularity with pledges to repudiate many of the conditions attached to a bailout worth $270 billion


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Germany's Central Bank Urges Greece to Stick to Bailout Commitment

Greece will continue to receive assistance by the EU only if it upholds its agreements with international lenders, Bundesbank President Jens Weidmann has said. His words come as SYRIZA, a radical leftist party, is set to win the vote by a wide margin. Its leader Alexis Tsipras maintains the country will quit the austerity program it started four years ago and will renegotiate the terms of the international bailout without leaving the Eurozone. Hours after the first exit poll results in Sunday's early elections were announced, Weidmann urged the next cabinet not to make promises it could not afford. "I hope the new government won't call into question what is expected and what has already been achieved," Kathimerini's English-language website quotes him as saying. Germany has been the main EU lender of Greece as the latter received in the course of a view years packages worth EUR 240 B to rein in its debt.


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Greece's SYRIZA Poised for Historic Victory

Leftist SYRIZA party of Alexis Tsipras is heading for a huge victory in Sunday's snap election, according to first official projections which give it 36.5 percent of all ballots. This would suggest the party will have between 148 and 154 seats, with 151 needed in the 300-seat Parliament to have an independent majority. This number includes the 50-seat bonus SYRIZA would get under Greek law if its first place is confirmed by the official count. After hours of silence that followed the first exit poll results early on Sunday evening, Tsipras said the figures marked "a return of social dignity and social justice."


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Greek election: Left-wing Syriza party wins but number of seats in question

Greek election officials say the anti-austerity Syriza party has won Sunday's vote, but it is too soon to say whether it has enough support to form a governing majority. The Interior Ministry says that its projections, based on early returns, show Syriza ...


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Greek election: Syriza governing majority too close to call

ATHENS, Greece (AP) — Greek election officials say the anti-austerity Syriza party has won Sunday's vote, but it is too soon to say whether it has enough support to form a governing majority.


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Greek election could lead to debt default

As polls open in Greece, CNN's Natalie Allen discusses the ramifications of the election with a Greek journalist.


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Euro dips in Australian markets following Greek exit polls

Following the exits polls which display SYRIZA winning the election at a canter


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Liberation : Tsipras is Europe’s new political personality

SYRIZA victory creates new prospects for Greece


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The Guardian view on the Greek election: a new deal for a new era

At a stroke, the Greek general election of 2015 has destroyed the post-recessionary political norms and assumptions of Greece and shaken those of ...


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Greek elections: Results with 25% of the votes counted

Actual results with 25% ballots counted: Syriza 35.32, New Democracy 29.01, Golden Dawn 6.34, To Potami 5.67, Pasok 5.06, KKE 5.29.


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The final exit poll of Mega TV – BREAKING

The final exit poll of the Greek elections, according to the private TV channel Mega:      


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Syriza supporters celebrate in central Athens – PHOTO

Syriza supporters gathered at the Syriza electoral campaign kiosk in Klafthmonos Square in central Athens to celebrate right after the announcement of the exit polls of the Greek elections Photo source: enikos.gr Read also:


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Eyeing elections as growth resumes, Spain PM takes swipe at hard-left

Madrid (AFP) - Hailing Spain's improving economic health under his conservative government's stewardship, Prime Minister Mariano Rajoy warned austerity-weary voters against the temptation to back popular hard-left Podemos party in elections due this year.Eyeing municipal and regional elections in May, and legislative polling expected in November, Rajoy said Sunday that hard-won economic recovery created by painful austerity policies must not be lost by a voter "leap in the dark" in backing leftist populists from Podemos."We can not bet our future and those of our children in a frivolous game of Russian roulette," Rajoy told a congress of his Popular Party in Madrid Sunday, referring to Podemos -- which like its Greek party ally Syriza has found considerable popular support by rejecting austerity programs adopted amid economic crisis.With polls showing Podemos running shoulder-to-shoulder with conservatives, Rajoy issued warnings about progress that would be lost if Spain reversed policies imposed as part of an international bailout of the country."Between last year and this one, we created a million jobs in Spain," Rajoy said, adding that result makes "us the country creating the most jobs in Europe now."After six years of brutal recession, the International Monetary Fund forecasts 2015 Spanish economic growth of 2 percent, even higher the Madrid's own 1.7 percent estimate. With that in mind, Rajoy urged Spain to stay its current course, and resist replicating what some observers expect will be Greek voters renouncing reform- and austerity-prescribing parties in Sunday balloting."Our economic activity is growing and will continue to grow," he said, vowing more will be done so that "everyone will benefit from this economic recovery.""All the worry, all the insecurity, all the despair, we can forget all of that," Rajoy said of the crisis he claimed was behind Spain, despite its resistantly high 23.7 percent unemployment rate.  "Spain has been saved from a catastrophe that had appeared inevitable."Despite the brightening economic outlook -- and the growing optimism of ruling conservatives as elections near -- Podemos has remained popular since its creation a year ago by hammering away at the numerous corruption scandals plaguing the country's leaders, Rajoy and his conservatives in particular.In his speech, Rajoy mocked the ties some Podemos leaders have created with leftist governments in Latin America by saying "we know that (our) problems can not be resolved with magic works or Caribbean incantations."Rajoy also reserved a swipe for the traditional Socialist rivals -- from whom his conservatives wrested power in 2011 -- noting the mainstream left refuses to even recognise economic recovery "because this (improvement) is the most obvious proof of their failure.Join the conversation about this story »


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Radical Leftists Are About To Take Control Of Greece

With 20% of the votes counted Greece's anti-austerity Syriza party has taken 35.2% of the vote at the General Election. Earlier an updated official exit poll has projected Syriza could win between 36%-38% of the national vote. The party looks to be comfortably ahead of closest rivals the centre-right New Democracy party, which the poll suggests is on track to gain between 26%-28%. The far-right Golden Dawn party and newly formed centre-left To Potami (The River) are duelling for third place with between 6%-7% of the vote. A Syriza win would end over four decades of governments led by either New Democracy or PASOK, a centre-left party that has seen its support base collapse since the onset of Europe's economic crisis. In advance of the result Reuters reports German central bank President Jens Weidmann has called on Greece to stick to its programme of economic reforms. "I hope the new government won’t call into question what is expected and what has already been achieved," he said. Although the exit polls have proven a relatively unreliable predictor of the eventual result in recent years, it at least provides the first indication of whether Syriza has succeeded in bringing its poll lead to bear at the voting booth. With the share suggested by the exit poll the party still has a chance of winning an overall majority (will current official projections showing 8.7% of the vote going to parties that will not enter parliament, Syriza would need over 36.9% for an outright majority.). Updated Main Exit Poll (1 of 2) SYRIZA 36 – 38 ND 26 - 28 Golden Dawn 6 - 7 To Potami 6 - 7 #Greece #ekloges2015 — MacroPolis (@MacroPolis_gr) January 25, 2015 Whether its achieves that feat will now depend heavily on how many of the smaller parties reach the 3% threshold needed to get representation in parliament. Yet even if it falls short, winning the largest share of any single party would still be testament the remarkable rise of a party that was only formed in 2004 as a loose coalition of leftist parties and groups. As Lorcan Roche Kelly points out on Twitter, only three years ago PASOK (which the exit poll suggests could get 4.2%-5.2% of the vote) had 160 seats in the 300-seat Greek parliament. Syriza had 13. The table below shows the percentage of the vote needed for any single party to gain an overall majority in the Greek parliament: In case you 've missed it - An excellent graph on the % needed for single-party #Greece government in #ekloges2015 pic.twitter.com/1O31AifzsL — Manos Giakoumis (@ManosGiakoumis) January 25, 2015 The rise of Syriza Years of harsh government cuts, staggeringly high unemployment (25.8% as of last October), and an economy that remains roughly 25% smaller than it was six years ago, has made the population distrustful of traditional parties and opened the door to new ones that want to take the country in a different direction. Syriza, which in Greek is an acronym for the "Coalition of the Radical Left", was formed in 2004 from a collection of left-wing groups ranging from Marxists and Maoists to the Greens. In 2012 the party won a 27% vote share, making it the second largest party in the Greek parliament. Despite Syriza's popularity, there remains a lot of confusion, at least outside of Greece, about what exactly the party stands for. Earlier this week, its 40-year-old leader Alexis Tsipras wrote an article for the Financial Times in which he laid out his party's platform and explains his vision for Greece. Here are the key points: A Syriza victory will mean the age of Greek austerity will finally come to an end. As Tsipras says: "Austerity is not part of the European treaties; democracy and the principle of popular sovereignty are." Contrary to what many seem to believe, the party does not intend to unilaterally pull Greece out of the eurozone. Indeed, surprisingly for some, Tsipras says he aims to hit European budget targets: "A Syriza government will respect Greece’s obligation, as a eurozone member, to maintain a balanced budget, and will commit to quantitative targets." He plans to clamp down on tax-evasion by wealthy "oligarchs" to raise budget revenues and has promised to break with the "clientelist and kleptocratic practises" of previous administrations. Syriza will request a "European debt conference" in which they will demand a renegotiation of the repayment terms on the country's mountainous sovereign debt pile. And, most importantly, the party is asking to be given time in which to deliver the reforms that Greece needs in order to put itself back into a path of economic growth and debt sustainability.Join the conversation about this story »


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Anti-austerity Syriza wins Greek election: exit polls

Athens (AFP) - Radical leftwing party Syriza won Greece's general election on Sunday in a victory that could impact the course of austerity in Europe, exit polls showed.Syriza took between 35.5 percent and 39.5 percent of the vote, according to the polls, compared to between 23 percent and 27 percent for the conservative New Democracy party.If the result is confirmed, Syriza's 40-year-old leader Alexis Tsipras could become Greece's youngest prime minister in 150 years.Neo-Nazi party Golden Dawn and pro-European party To Potami are in a neck-and-neck race for third place with between 6.4 percent and 8.0 percent apiece.Join the conversation about this story »


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Senior Greek minister concedes defeat to left-wing party Syriza

A senior minister in Greece's governing conservatives has conceded defeat to the radical left Syriza party after today's general election. “We lost,” Health Minister Makis Voridis told Mega TV. “The extent of that result is not yet clear.”


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