Topic: Panhellenic Socialist Movement

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Europe's debt crisis: 5 ways it's been put to good use

Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.

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Caretaker government for Greece until June elections

Panagiotis Pikramenos, a senior judge, will lead an interim government of 16 until elections are held.
New elections for Greece as talks collapse

The parties who won seats in the May 6 election could not form a coalition government, triggering new elections.
Greece has only one chance left to avoid another election

Socialist party leader Evangelos Venizelos today became the third politician this week to fail at forming a coalition government. If the president does too, Greece will head back to the polls.
Greek voters voice no regrets despite political chaos (+video)

Fed up with austerity, Greeks overwhelmingly voted against the mainstream parties that approved the bailout. They say they will do it again if another election has to be held.
Greek impasse deepens as talks fail

Three days after Sunday's election, parties failed again to form a coalition government. A new election may be on the horizon if no majority can come together.
Is Greece headed for do-over election?

Greece's far-left party Syriza, which came in second in elections, failed to form a coalition with either mainstream party today. Third-place PASOK will get a chance next, but its prospects seem dim.
Leftist Greek leader ready to walk away from EU bailout deal

Alexis Tsipras has the presidential mandate to end the Greek political impasse by forming a governing coalition by Thursday.
No government yet for Greece after Sunday's election

Voters sent a strong message of anger over austerity measures imposed by Greece's foreign lenders, but with no party in the majority a government has yet to be formed.
Greece election results cause problems for bailout plans (+video)

Elections in Greece over the weekend saw both far-right and left-leaning politicians gain seats in parliament, setting up a fight over the country's economic future.
Greece heads to the polls – and the political fringes

Today's national elections in Greece could see the end to a two-party monopoly over politics as discontent over the economic crisis generates interest in smaller parties.
Finally, European debt crisis goes to the polls

Elections in France and Greece may help quell a rising sense of victimhood from this long euro crisis. Such popular sentiment is exactly what the European Union is meant to curb.
Greek finance minister quits post to lead struggling Socialist party

Greek Finance Minister Evangelos Venizelos is resigning his cabinet post amid the ongoing debt crisis to lead the Socialist party in general elections this spring.
Forget about preventing default in Greece, control it, says Europe

Though Athens is still taking steps to contain the damage, most of Europe is skeptical that Greece will dodge a default.
Despite riots, Greece pushes ahead with austerity (+video)

The Greek Parliament voted last night to slash the minimum wage and public sector jobs in exchange for a bailout, despite public fury that led to Molotov cocktails and tear gas.
Greeks hit the streets, comparing latest austerity measures to dictatorship

Greek leaders say the country has no choice but to adopt the latest round of austerity measures, but eurozone leaders are skeptical Greece will follow through.
Europe's debt crisis: 5 ways it's been put to good use

Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.
For Greek PM, political reality trumps fury of Sarkozy, Merkel

Greek PM Papandreou got the backing of his cabinet to hold a referendum on EU bailout terms. He meets today with France's Sarkozy and Germany's Merkel, who have said renegotiating is not an option.
Greek bailout – and Papandreou's premiership – in jeopardy

The Greek bailout isn't the only thing in doubt after Prime Minister George Papandreou said he will put what Europe took to be a done deal to a referendum. His government could fall this week.
Europe's debt crisis: Five ways it's been put to good use

Europe's debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here are five trends that will ultimately strengthen the European Union and the euro currency.
Greek government survives confidence vote. Now, the hard part.

Prime Minister George Papandreou is faced with passing an unpopular austerity program so it can get the $17 billion it needs by July 15 to avoid default on Greek debt.
What's at stake in Greek confidence vote

If Prime Minister George Papandreou survives tonight's confidence vote, he will push for the austerity measures needed to secure further financial aid from EU and IMF to avoid a default.
Prime minister of Greece: 'There is real danger in global austerity'

The prime minister of Greece, George Papandreou, says his country is earning a new credibility after its debt crisis.
What's in a name? In Macedonia, this is no easy question.

In an interview, Macedonia's new president, Gjorge Ivanov, says he hopes to resolve a long-simmering name dispute with Greece.
As Olympic glow fades, Athens questions $15 billion cost

Many venues stand empty four years after Greece hosted the summer Games.