New Democracy
Greece
PASOK Opposes Govt Plans for Changes in Public Sector Wages
Greek coalition government partner PASOK declared its opposition regarding the new pay structure in the public sector after the plan was leaked to the media.
The party, which used to rule Greece for more than three decades, attacked Administrative Reform Minister Kyriakos Mitsotakis directly,...
Greece
New Poll: SYRIZA in the Lead Over New Democracy by 7.5%
A new poll, conducted by the University of Macedonia and published by Greek newspaper “Kathimerini,” shows SYRIZA in the lead over New Democracy by 7.5%.
Greek main opposition party SYRIZA leads with 27.5% compared to New Democracy's 20%, while “To Potami” comes third...
Greece
SYRIZA Still in the Lead Over New Democracy in New Poll
According to a new poll on voting intent, 23.7% of respondents said they would vote for SYRIZA over New Democracy's 18.8%. "To Potami" came third with 6.1%, followed by the Greek Communist Party with 4.9%, Golden Dawn with 4.5% and junior...
Economy
Second Day of Losses in Athens Stock Exchange
For a second day in a row, Greek stocks and state bonds remain under heavy pressure. Starting yesterday and hit by a wave of selling foreign investors, the Athens Stock Exchange (ASE) index fell more than 7%, significantly below the 900-point...
Greece
Mudslinging, Bonds, ATMs and Piggy Banks
All's fair in love and war, they say. But a look inside the Greek parliament shows that there is no love. What is certainly lacking is a love for Greece and citizens of the country. Instead, we find an open...
Economy
Investors Hesitant to Buy Greek Bonds
Six months after Greece’s spectacular rehabilitation in the international debt markets, investors are thinking twice. “Greece’s 10-year government bond yield Tuesday hit 6.98%, having climbed from a trough of less than 5.5% in June, as the country rode a...
Economy
Significant Drop in Athens Stock Exchange
Athens Stock Exchange (ASE) General Index closed at 948.21 points on Tuesday, a 5.70% drop, marking the ASE's worst trading day since June 2013.
The drop is estimated due to the negative climate created in the international market, as well as the concerns...
Greece
Greek Opposition Parties Agree on Law Motion over 'Red Loans'
Main opposition SYRIZA leader Alexis Tsipras, revealed today during a meeting with ANEL president Panos Kammenos, that he is willing to support the law motion over the so called "red loans," planned by the Independent Greeks (ANEL) party, in the event that...
Economy
Citigroup: What Might a SYRIZA Govt Mean for Greek Equities
U.S. based multinational banking and financial services corporation Citigroup is examining what a SYRIZA government might mean for Greek equities, taking in account the upcoming presidential election in Greece and the risk of early general elections which might bring...
Greece
New Democracy-SYRIZA Political Clash Due to Bribing Accusations
The New Democracy and SYRIZA political quarrel has grown particularly intense amid the most critical juncture in Greece's economic recovery in recent memory, as discussions about the sustainability of the country's debt are ongoing. Comments made by SYRIZA spokesman Panos...