Senior Correspondent, Greece
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Jan 26, 2015

Greek leftist Tsipras sworn in as PM to fight bailout terms

ATHENS (Reuters) – Greek left-wing leader Alexis Tsipras was sworn in on Monday as the prime minister of a new hardline, anti-bailout government determined to face down international lenders and end nearly five years of tough economic measures.

The decisive victory by Tsipras’ Syriza in Sunday’s snap election reignites fears of new financial troubles in the country that set off the regional crisis in 2009. It is also the first time a member of the 19-nation euro zone will be led by parties rejecting German-backed austerity.

Jan 26, 2015

Greek leftists ally with right against bailout after huge election win

ATHENS, Jan 26 (Reuters) – Greek left-wing leader Alexis
Tsipras on Monday agreed to team up with a right-wing party to
form a new hardline, anti-bailout government determined to face
down international lenders and end nearly five years of tough
economic measures.

The decisive victory by Tsipras’ Syriza in Sunday’s snap
election reignites fears of new financial troubles in the
country that set off the regional crisis in 2009. It is also the
first time a member of the 19-nation euro zone will be led by
parties rejecting German-backed austerity.

Jan 25, 2015

Greece’s Syriza set to sweep election in anti-austerity triumph

ATHENS, Jan 25 (Reuters) – Greece’s leftwing Syriza looked
set for a comfortable victory over the ruling conservatives, an
exit poll showed, with a chance of winning a full majority to
face down international creditors and roll back years of painful
austerity measures.

Syriza could gain 35.5-39.5 percent of the vote, well ahead
of the conservative New Democracy party of outgoing Prime
Minister Antonis Samaras on 23-27 percent, according a joint
exit poll for Greek television stations issued immediately after
voting ended.

Dec 30, 2014

Small parties to play outsized role in Greek election

ATHENS, Dec 30 (Reuters) – Greece’s splintered political
landscape means small, often relatively new parties may
determine whether the winner of elections next month can cobble
together a lasting government and avoid a new financial crisis.

The Jan. 25 vote marks a showdown between the conservative
New Democracy party of Prime Minister Antonis Samaras, who
imposed unpopular budget cuts under Greece’s international
bailout deal, and the radical leftist Syriza of Alexis Tsipras,
who wants to cancel austerity along with a chunk of Greek debt.

Dec 18, 2014

Tsipras vows to break Greece’s ‘bad spell’

ATHENS (Reuters) – Greece’s radical leftist Syriza party will cancel austerity and ask Europe to erase a big chunk of Greek debt to free the country from the dark spell it has fallen under, leader Alexis Tsipras told Reuters on Thursday.

In an interview at his party headquarters in a gritty Athens district, Tsipras sought to reassure markets wary of Syriza sweeping into power, saying he was committed to keeping Greece in the euro and keeping the budget balanced before debt costs.

Dec 17, 2014

Greek government faces first test in crucial presidential vote

ATHENS (Reuters) – Greek Prime Minister Antonis Samaras on Wednesday faces the first of three rounds of a presidential vote that will determine whether the country is forced into snap national elections and a new period of political chaos.

Samaras’s conservative-leftist coalition is almost certain to fail in the first round, when it needs the support of 200 lawmakers in the 300-seat chamber to elect its nominee, Stavros Dimas. But the backing his coalition, which controls 155 deputies, garners will be closely watched as a sign of momentum for or against it ahead of a final, decisive vote on Dec. 29 when the super majority required for victory falls to 180.

Dec 10, 2014

Maths works against Greek premier in presidential gambit

ATHENS, Dec 10 (Reuters) – The odds are stacked against
Prime Minister Antonis Samaras in his gambit over electing a new
Greek president, as only by persuading at least a few opposition
lawmakers to rebel can he win the parliamentary vote – and avoid
a likely political crisis.

However, analysts caution that the numbers could change
quickly as the conservative premier tries to win enough support
for the government candidate when parliament starts a
three-stage vote for the head of state on Dec. 17.

Nov 27, 2014

Greece paralysed by major strike, flights cancelled

ATHENS, Nov 27 (Reuters) – Greek labour unions staged a
24-hour strike on Thursday that cancelled hundreds of flights,
shut public offices and severely disrupted local transport, in
the first major industrial action to cripple the austerity-weary
country in months.

Private sector union GSEE and its public sector counterpart
ADEDY called the walkout to protest against planned layoffs and
pension reform demanded by European Union and International
Monetary Fund lenders who have bailed out Greece twice.

Nov 26, 2014

Mystery of Alexander the Great-era tomb holds Greeks in thrall

ATHENS, Nov 26 (Reuters) – Greek archaeologist Katerina
Peristeri dug in obscurity for years before unearthing a marble
tomb from the time of Alexander the Great — a find that has
brought her instant fame.

In a land with one of the world’s richest cultural
heritages, archaeologists rarely receive much public notice. Yet
Peristeri has become the face of the Amphipolis crypt, a
2,300-year-old sepulchre beneath the sandy hills of northern
Greece. She has received three Greek awards in the past month
alone.

Nov 14, 2014

Greece emerged from its ‘Great Depression’ at start of year

ATHENS (Reuters) – Greece emerged from a crippling six-year recession as early as the start of the year and has been growing ever since, data showed on Friday.

Seasonally adjusted figures showed the euro zone weakling posted three consecutive quarters of growth this year, even though it had only been expected to exit what the government has called Greece’s “Great Depression” in the third quarter.