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Showing posts with label socialist party pasok. Show all posts
Showing posts with label socialist party pasok. Show all posts

Tuesday, June 26, 2012

More Turmoil Hits Greek Government

Greek Finance Minister Vassilis Rapanos resigned for health reasons, forcing the government to scramble as it tries to renegotiate better terms for its European-led bailout.

READ THE ORIGINAL POST AT online.wsj.com

Wednesday, June 20, 2012

Antonis Samaras sworn in as Greek prime minister

New Democracy leader gets support of Pasok with revised €130bn bailout deal as top priority in new coalition

Antonis Samaras, head of Greece's conservative New Democracy party, has been sworn in as the country's new prime minister, following his victory in Sunday's general election.

New Democracy, the socialist party Pasok, and the smaller Democratic Left came to an agreement on Wednesday to form a coalition government. All three parties support Greece's bailout commitments but have pledged to rewrite the conditions.

Evangelos Venizelos, the Pasok leader, has said the next two weeks will be critical for the debt stricken country.

In a televised address Venizelos said the new government's top priority would be the formation of "a national team" to renegotiate the €130bn bailout agreement Athens had signed with its creditors at the EU and IMF.

"Our first test will be the EU summit on 28 June where our battle to revise the terms of the loan agreement with our creditors will begin," he said.

Referring to the far-left party's refusal to take part given that it would be the country's main opposition party, he added: "It is a pity that Syriza has refused to participate in this team."

Venizelos, who negotiated the accord when he was finance minister in an interim government headed by the technocrat Lucas Papademos, announced that like the Democratic Left, Pasok MPs would support the new coalition but not participate in the cabinet.


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READ THE ORIGINAL POST AT www.guardian.co.uk

'Greece has a government,' party leader says

Three days after a nail-biting election, politicians in Greece have struck a deal on a power-sharing government that will encompass both left and right, a leader of one of the participating parties said.





READ THE ORIGINAL POST AT www.latimes.com

Monday, June 18, 2012

Greek politicians in race to form coalition

Greece raced to form a coalition with broad support by the end of Monday after an election victory by pro-bailout parties which eased fears of a Greek eurozone exit and brought relief to world markets.


Countdown pressure on Greece to form new government

Greece raced to form a coalition with broad support by the end of Monday after an election victory by pro-bailout parties which eased fears of a Greek eurozone exit and brought relief to world markets.

Greek vote 'a victory' for Europe?

The pro-bailout New Democracy party claimed "a victory for all Europe" after topping Sunday's parliamentary elections in Greece. The vote is seen as a referendum on the euro's survival.

Greek right tries to form government

Two elections, two interim prime ministers and 221 days since Greece last had an elected government, center-right New Democracy party will try to hammer out a coalition.

Greek right scrambles to form pro-bailout government

Two elections, two interim prime ministers and 221 days since Greece last had an elected government, the center-right New Democracy party will try to form a coalition.

Greek right gets shot at forming government


Boston.com

Greek right gets shot at forming government
CNN International
Greek President Karolas Papoulias will ask the leader of the center-right New Democracy party Monday to try to hammer out a coalition.
Greek pro-bailout parties seek new coalition |Reuters
Greek election victor to hold coalition talksBoston.com
Greek Election Defuses One Crisis, but More LurkCNBC.com
Businessweek
all 7,728 news articles »

Greece vote may end paralysis

Conservatives win a slim victory in parliamentary elections and have a strong shot at forming a coalition or an arrangement that will honor the bailout deals.

ATHENS — Weeks of political paralysis look set to end in Greece with the election of parties that support the country's international bailout agreements, but the question now turns to whether a fragile new government can deal effectively with a tanking economy and popular unrest.




Greek New Democracy leader hails 'victory for all Europe'


The Guardian

Greek New Democracy leader hails 'victory for all Europe'
CNN (blog)
The leader of Greece's center-right, pro-bailout New Democracy party claimed "a victory for all Europe" after topping Sunday's elections.
Greek pro-bailout parties set for ruling majorityChicago Tribune
Greek Crisis Timeline From Maastricht Treaty to Election RerunBusinessweek
Greek Exit Polls: Top 2 Parties In A Dead HeatNPR
The Associated Press
all 5,718 news articles »