Greek General Election: Syriza ahead in latest poll by fine margin The latest poll for the upcoming Greek General Election has put Syriza ahead by a fine margin of 0.5 per cent. The poll, published in bankingnews.gr, showed Syriza on track to garner 27 per cent of the vote, with New Democracy, the party previously replaced by Syriza’s governing coalition, close behind on 26.5 per cent. [...]
Greek debt crisis: Tsipras tries to calm fears over Syriza defeat Former Greek prime minister Alexis Tsipras has tried to temper mounting fears about the outcome of the widely watched snap election on September 20. In recent days, opinion polls have shown that no party is on course to win enough support to form a majority government. Leftist Syriza and its main rival the conservative New Democracy are currently neck-and-neck. [...]
Greek crisis: Syriza party splits in two ahead of snap polls in September The ruling Greek Syriza party has split in two ahead of a snap election with hardliners breaking away to form their own independent movement. Local media reports suggest that 25 Syriza rebels will join the new party, called Leiki Anotita (Popular Unity). Former energy minister Panagiotis Lafazanis, a vocal critic of the new bailout deal, will lead [...]
Greek debt crisis: Poll puts Syriza in second place just behind New Democracy for first time since January September 5, 2015 Former Greek Prime Minister Alexis Tsipras’ Syriza party is likely to be punished in the upcoming General Election, after a further knock in the polls. After having called snap elections on August 20, Tsipras’ party has seen its lead in the polls diminish rapidly, with its main rival New Democracy creeping slightly ahead, according to [...]
Europe’s hidden political crisis: Internal Eurozone disagreements over Greece could have deep-seated implications – CNBC Comment August 31, 2015 The Eurozone economy may be showing signs of strength this year, thanks in part to the European Central Bank’s (ECB) massive bond-buying programme but, politically, Europe is struggling. And we can thank Greece for that. ECONOMIC BOOST The forecast for GDP growth for Europe is much stronger this year than it was in 2014 [...]
Say what? Greek GDP revised up to 0.9 per cent August 28, 2015 Well, here's a line we didn't expect to hear this year: growth in Greece has been revised up to 0.9 per cent in the second quarter. That's better growth than the UK achieved… The figure was revised up from an initial reading of 0.8 per cent growth, which was itself seen as pretty optimistic – [...]
Syriza’s poll lead narrows ahead of Greek election on 20 September August 28, 2015 Greek Prime Minister Alexis Tsipras’ Syriza party is likely to be the biggest party after the county's election on 20 September, but with less support than in early July, according to a poll by ProRata. Syriza was supported by 23 per cent, with the conservative New Democracy party hot on its heels with 19.5 per [...]
Greek debt crisis: Pro-Grexit group Popular Unity to take mandate to create Greek coalition as New Democracy misses deadline August 24, 2015 Pro-Grexit group Popular Unity will formally receive a mandate to form a new Greek government today, prompting greater uncertainty around Europe's stability. The mandate is being handed to the far-left group – the third largest in Greece's parliament – after opposition leader Vangelis Meimarakis admitted he had failed to find a coalition partner. [...]
Greek debt crisis: Rebel Popular Unity party make last ditch bid for power following split from Syriza August 23, 2015 A breakaway party of 25 MPs will take the opportunity to form a new Greek government today, but its leader Panagiotis Lafazanis acknowledges it will fail. The Popular Unity party broke away from left-wing Syriza after its leader Alexis Tsipras resigned as Prime Minister. Experts say the party will use the opportunity for publicity in [...]
From TfL Tube strike and Greek debt crisis to awful colleagues and FTSE woes: Here’s what got us talking this week August 21, 2015 There was a flypast. There was a bus in someone's front garden. And somewhere – or perhaps everywhere – the sound of prosecco corks being popped overtook those of champagne. Here's what got us talking this week 1. Our colleagues To be fair, it's something we probably discuss most weeks, and we're not alone. [...]