Eurozone

Former International Monetary Fund (IMF) European Department Director until 2014 and supervisor of Poul Thomsen, Reza Moghadam, requested the write-off of half of Greece's debt. In a letter to The Financial Times on January 26, the current Vice Chairman...

Sunday's Greek elections had more than one winner. In fact, several winners emerged from the ballot, some completely unexpected. SYRIZA scored the first victory of a leftist party in Greek history. Next to SYRIZA, the full of contradictions Independent Greeks...

The new Greek government which will be formed within the next few days will have to respect its commitments and repay the debt that is owed to Eurozone taxpayers. However, Benoît Coeuré, ECB official noted on Monday, that a...

SYRIZA leader Alexis Tsipras is practically the new Prime Minister of Greece spearheading a new coalition government formed by SYRIZA and Independent Greeks (ANEL). At 11.30 a.m. local time Panos Kammenos announced publicly his support and partnership in the new coalition...

With 99.86% of the ballots counted, SYRIZA has been declared the winner of the general election that took place last Sunday in Greece. SYRIZA received 36.34% of the votes and 149 seats in the Greek parliament. New Democracy, the party...

SYRIZA leader Alexis Tsipras is expected to become the new Prime Minister of Greece spearheading a new coalition government of SYRIZA and Independent Greeks (ANEL). The SYRIZA leader, along with Independent Greeks leader Panos Kammenos, campaigned on anti-austerity promises and reversing...

The victory of Greece's anti-austerity SYRIZA party raised concerns in the global markets sending the Euro down to an 11-year low against the US dollar. The single currency dropped to $1.1098 EUR=, a level not seen since September 2003. International...

Congratulations to SYRIZA leader Alexis Tsipras came in on Sunday night from German politicians. Bodo Ramelow, Minister-President of Thuringia, expressed his congratulations, to which Tsipras responded that "this is not a victory just for SYRIZA, but a new start...

  Click on the info-graphic below to see the updated results for the Greek election as they are published in real time by Greece's Ministry of Interior.

By Gregory T. Papanikos* Germany has sent the message that a Greek exit from the eurozone might be the lesser of two evils. It has been interpreted as a warning to the Greek electorate ahead of its January 25 election...