Senior Correspondent, Greece
Deepa's Feed
May 26, 2014

Greek radical leftists’ win complicates reform program

ATHENS (Reuters) – Greece’s ruling coalition will find it harder to push through unpopular reforms demanded under an EU/IMF bailout after a clear EU election victory by the radical leftist Syriza party.

Syriza’s win by nearly four points fell short of the margin needed to threaten Prime Minister Antonis Samaras’s government, and financial markets rose on relief the pro-bailout coalition will be in place to negotiate debt relief talks later this year.

May 18, 2014

Greece’s leftist Syriza party fares well in key local races

ATHENS (Reuters) – Greece’s leftist Syriza party performed strongly in key races in the first round of local elections on Sunday, as voters poured out their anger at the government’s austerity policies.

The vote, along with European Parliament elections a week later, is being closely watched as a gauge of sentiment towards the coalition of Prime Minister Antonis Samaras, which came to power two years ago and holds just a two-seat majority in parliament.

May 18, 2014

Greece’s leftist Syriza fares well in key local races

ATHENS (Reuters) – Greece’s leftist Syriza party performed strongly in the first round of local elections on Sunday, as voters poured out their anger at the government’s austerity policies.

The vote, along with European Parliament elections a week later, is being closely watched as a gauge of sentiment towards the coalition of Prime Minister Antonis Samaras, which came to power two years ago and holds just a two-seat majority in parliament.

May 18, 2014

Exit polls show strong showing by Greece’s far-left Syriza leading in local vote

ATHENS (Reuters) – Exit polls showed Greece’s radical leftist Syriza party ahead in local elections in Athens and the wider Attica region on Sunday, in a surprisingly strong performance that represents a setback for the country’s fragile ruling coalition.

The vote, along with European Parliament elections a week later, are being closely watched as a gauge of sentiment towards the coalition of Prime Minister Antonis Samaras, who is facing his first electoral test since coming to power two years ago.

May 18, 2014

Exit polls show Greece’s far-left Syriza leading in local vote

ATHENS (Reuters) – Exit polls showed Greece’s radical leftist Syriza party ahead in local elections in Athens and the wider Attica region on Sunday, in a surprisingly strong performance that represents a setback for the country’s fragile ruling coalition.

The vote, along with European Parliament elections a week later, are being closely watched as a gauge of sentiment towards the coalition of Prime Minister Antonis Samaras, who is facing his first electoral test since coming to power two years ago.

May 18, 2014

Greeks vote in first round of local elections

ATHENS (Reuters) – Greeks began voting on Sunday in the first round of local elections that mark Prime Minister Antonis Samaras’s first big electoral test since coming to power two years ago.

The vote, along with European Parliament elections a week later, are being closely watched as a gauge of sentiment towards Samaras’s fragile coalition, which could be in jeopardy if the far-left Syriza and far-right Golden Dawn parties fare well.

Apr 15, 2014

‘Here comes the mayor!’ – Greek extremists fire up Athens campaign

ATHENS (Reuters) – Greek far-right Golden Dawn lawmaker Ilias Kasidiaris strode into a packed hotel room in central Athens last month to the sound of a marching song and supporters’ cries of “Here comes the mayor!”

“In less than 100 years, Greeks will become a minority in their country. The only way to strike at the root of evil is through the municipal elections,” Kasidiaris said, pledging to rid the Greek capital of “thieves and immigrants”.

Apr 2, 2014

Greece sees ‘trial and error’ bond foray, full return in 2016

ATHENS (Reuters) – Greece’s first foray into bond markets after a four-year exclusion will be on a “trial and error” basis but the nation expects to fund itself unaided in 2016, its finance minister told Reuters on Wednesday.

Buoyed by bond yields at a four-year low and a long-awaited deal with EU/IMF lenders that has unlocked more aid, Athens says it could issue debt as early as within the next three months.

Apr 2, 2014

Greece is back, market return in sight-PM

ATHENS (Reuters) – Greece has put the worst of a debt crisis behind it and is considering issuing new debt within three months, Prime Minister Antonis Samaras told Reuters on Wednesday.

Greece has enjoyed a sharp revival of fortunes since its debt burden nearly sent it crashing out of the euro zone two years ago. Its economy is set to emerge from a six-year recession this year while bond market yields imply its borrowing costs have dropped to four-year lows.

Mar 13, 2014

Greek journalist-turned-politician rides anti-establishment wave

ATHENS (Reuters) – A television journalist-turned-political crusader promising to shake up Greek politics is winning unexpectedly strong support from voters in the run-up to European elections in May.

Tapping into the disgust felt by many Greeks against established politicians with a call for a grassroots, youth-led movement to solve Greek problems, Stavros Theodorakis has quickly snapped up followers from both the left and the right.