Showing posts with label Elections June 2012. Show all posts
Showing posts with label Elections June 2012. Show all posts

Tuesday, June 19, 2012

Samaras Seeks Greek Unity On Cuts After Career Stoking Divisions


By Jonathan Stearns and Maria Petrakis - Jun 19, 2012 12:01 AM GMT+0300
Bloomberg
said Syriza, which has ruled out taking part in a coalition with New Democracy, would be a “formidable” opposition force in parliament
The stress-testing of the next Greek coalition would be a very bad idea…

Monday, June 18, 2012

Greece Races As Cash Dwindles With Europe Seeking Austerity


By Jonathan Stearns - Jun 18, 2012 8:48 AM GMT+0300
Bloomberg
Greece’s two traditional political rivals are in a race to forge an unprecedented coalition as the state’s cash dwindles, bank deposits flee and Europe demands renewed austerity pledges before releasing more emergency aid.

Saturday, June 16, 2012

Troubled Greek Economy Is Being Left to Fend for Itself



ATHENS — No matter what happens in this weekend’s elections, Greece is rapidly becoming an isolated economy.
The New York Times 
Carrefour, the giant French supermarket and retail group, said on Friday that it was selling its entire stake in Greece at a loss to its local franchise partner, so it could concentrate “on markets where it sees growth,” a spokesman said.

Friday, June 15, 2012

Wednesday, June 13, 2012

What if Greece exits the euro zone


(Reuters)
By Hartmut Issel JUNE 5, 2012
While the idea of a Greek exit from the euro zone has long been rejected by politicians and deemed nothing more than a “tail risk” by most investors, there has been a clear shift in opinion after the Greek election in early May failed to form a new government. The repeat election on June 17 is therefore critical to the country’s future in the euro zone and to financial markets worldwide.

Greek radical leftist rejects call for unity government


By Harry Papachristou and Renee Maltezou
ATHENS | Tue Jun 12, 2012 2:40pm EDT
(Reuters) - The leader of Greece's leftist SYRIZA party on Tuesday ruled out forming a government with pro-bailout parties after June 17 elections that could decide the nation's future in the euro zone.

Wednesday, June 6, 2012

Greek Euro-Exit Moonscape Result May Threaten Drachma Choice


By Jonathan Stearns and Elisa Martinuzzi - Jun 6, 2012 12:00 AM GMT+0300
 Bloomberg