Keyword: mybigfatgreekbailout

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  • Pro-bailout party wins Greek election

    06/17/2012 1:04:42 PM PDT · by SeekAndFind · 17 replies
    MSNBC ^ | 06/17/2012
    ATHENS -The pro-bailout New Democracy party came in first Sunday in Greece's national election, and its leader has proposed forming a pro-euro coalition government. "The Greek people voted today to stay on the European course and remain in the euro zone... there will be no more adventures, Greece's place in Europe will not be put in doubt," New Democracy leader Antonis Samaras said. He said voters chose "policies that will bring jobs, growth, justice and security. His party beat the anti-bailout Syriza party, which wanted to cancel Greece's international bailouts. Syriza chief Alexis Tsipras conceded the election but vowed to...
  • Greece and Europe fall victim to the socialist cargo cult

    05/14/2012 10:04:31 AM PDT · by Lorianne · 8 replies
    Telegraph UK ^ | 14 May 2012 | Norman Tebbit
    The Greek tragedy continues towards its inevitable end. Whether a coalition of parties in fundamental difference about what to do next is cobbled together this week, or whether another election brings about a government firmly committed to the repudiation of the deal by which Greece is being kept financially afloat at mainly German expense, it cannot be long before the eurozone loses its first member state. Monetary union cannot last without fiscal union. Fiscal union cannot be achieved without political union. Political union is not acceptable to the peoples of Europe. If the cultures and economies are sufficiently alike, monetary...
  • Greek Parties Have Little Chance of Forming Government

    05/09/2012 9:08:59 PM PDT · by jocon307 · 21 replies
    Spiegel Online ^ | 05/08/15 | Julia Amalia Heyer
    Now the worst case scenario has arrived: Greece threatens to become ungovernable. The situation after Sunday's election in Greece looks hopeless. No matter which coalition of parties one calculates, whether big or small, left or right wing, it is impossible to come up with a viable majority government. The Greeks have once again defied their international partners. They have not been cowed by threats, advice or even the prospect of their own bankruptcy. It's unclear where this new twist in the endless Greek drama will take the country. For Greek voters, the priority was to punish those people who, in...
  • Germans warns Greece: no cuts, no aid

    05/08/2012 8:35:53 AM PDT · by Milagros · 55 replies
    Reuters ^ | May 8, 2012 | Andreas Rinke and Noah Barkin
    Leading German politicians warned Greece on Tuesday that the country would not receive a cent more aid unless it fulfills all the conditions of its international bailout.