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Greek Leftist Party Spooks Some Investors
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There is a sharp decline in investor confidence in Greece as the Syriza Party leads in polls in Dec. 2014, with a 3-6 point lead over New Democracy Party of prime minister Samaras. There was a sharp selloff on the Athens stock exchange and yields on Greece's 10 year government bonds went up to 8.5% by Dec. 11, 2014. The government needs 180 votes for a presidential election vote in parliament. The outcome is uncertain and could lead to early parliamentary elections on Jan 25, 2015, with Syriza a potential winner. Syriza had taken a strong line on Greece's debt in 2012 elections, including a possible debt default. It now says it is willing to renegotiate and maintain relations with IMF, EU and the ECB creditors to Greece. In fact, Syriza leader Tsipras has met with ECB chief Draghi, former ECB official Joerg Asmussen of Germany, and Greece's central bank chief. Syriza has changed its party promises to reflect its move to the mainstream- such as not offering to hire back workers or make tax relief measures apart from specific ones, only insisting on freezing public sector layoffs and reversing minimum wage cuts. The EU programs for Greece lapse on 28, Feb. 2015, and an EU official say it is important that Syriza agree to a program following that date to reassure financial markets.
Alexis Tsipras, of the Coalition of the Radical Left, or Syriza party in Greece in 2012 elections and EU elections of 2014
05/13/2012
Grouped Articles
New York Times 06/23/2013
Athens's Love Affair With the Euro Persists
Wall Street Journal 11/04/2013
European Elections to Test Greek Coalition
Wall Street Journal 05/19/2014
Leftist Syriza Candidates Gain on Incumbents in Greek Local Elections
Wall Street Journal 05/19/2014
Next Hurdle for Greece's Economy: Its Own Political Uncertainty
New York Times 10/13/2014
Greece Takes Gamble on Presidential Vote
Wall Street Journal 12/09/2014
The Syriza Party leading in polls in Dec. 2014 and declining investor confidence in Greece
12/12/2014
Grouped Articles
Greek Leftist Party Spooks Some Investors
Wall Street Journal 12/12/2014
In Hopes of Ending Deadlock, Premier Offers Early Elections
New York Times 12/21/2014
Leftist Syriza party set to win Greek vote, setting up showdown with Europe - The Washington Post
Washington Post 01/24/2015
Elections to the European parliament in 2014, local elections, and the coalition government of Antonis Samaras
05/19/2014
Gains by the Syriza party in Greece's elections for the European parliament and in local elections in Athens in 2014.
Grouped Articles
European Elections to Test Greek Coalition
Wall Street Journal 05/19/2014
Leftist Syriza Candidates Gain on Incumbents in Greek Local Elections
Wall Street Journal 05/19/2014
New York Times 05/22/2014
Wall Street Journal 05/27/2014
E.U. Leaders to Meet in Wake of Election Setbacks
New York Times 05/27/2014
Populists’ Rise in Europe Vote Shakes Leaders
New York Times 05/26/2014
Greece's presidential election in December 2014 with former EU Commissioner Stavros Dimas as the government nominee
12/09/2014
Dimas is the government New Democrat Party nominee. He needs 180 votes in parliament to be elected by the third round of voting.
Grouped Articles
Greek PM Announces Ex EU Commissioner as Presidential Nominee
Wall Street Journal 12/09/2014
Greek Leftist Party Spooks Some Investors
Wall Street Journal 12/12/2014
In Hopes of Ending Deadlock, Premier Offers Early Elections
New York Times 12/21/2014
Greece to Face Early Elections After Presidential Vote Fails
Wall Street Journal 12/29/2014
Greek Vote Shouldn’t Unseat Eurozone
Wall Street Journal 12/30/2014
Europe Braces for Economic Fallout as Greece Heads to Early Elections
New York Times 12/29/2014
A different- more EU conscious- Alexis Tsipras of the Coalition of the Radical Left in Greece in 2014
12/12/2014
Alexis Tsipras is seen as moderating his programs to keep Greece in the European Union if elected in 2015, as Greeks favor remaining in the EU.
Linked Articles
Greek Leftist Party Spooks Some Investors
Wall Street Journal 12/12/2014
The Economic Consequences of Syriza’s Alexis Tsipras
Wall Street Journal 12/29/2014
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