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Jan 26, 2015

Tsipras moves to form anti-austerity Greek government after crushing victory

ATHENS, Jan 26 (Reuters) – Greek leftwing leader Alexis
Tsipras will move on Monday to build a stable government that
can take on international lenders and reverse years of painful
austerity following a crushing election victory by his Syriza
party.

Fresh from his defeat of conservative Prime Minister Antonis
Samaras, the 40-year-old Tsipras will meet the head of the small
Independent Greeks party which, like Syriza, opposes Greece’s
bailout deal.

Jan 25, 2015

Greek leftists Syriza aim for landmark election win

ATHENS, Jan 25 (Reuters) – Greeks began voting on Sunday in
an election expected to bring in a government led by the
leftwing party Syriza, which has pledged to take on
international lenders and roll back painful austerity measures
imposed during years of economic crisis.

Barring a huge upset, victory for Syriza, which has led
opinion polls for months, would produce the first euro zone
government openly committed to cancelling the austerity terms of
its EU and IMF-backed bailout programme.

Jan 25, 2015

Greek leftists Syriza aim for historic election win

ATHENS, Jan 25 (Reuters) – Greeks vote on Sunday in a
historic election expected to bring in a government led by the
leftwing Syriza party, which has promised to take on
international lenders and roll back painful austerity measures
imposed during years of economic crisis.

Barring a huge upset, victory for Syriza, which has led
opinion polls for months, would produce the first euro zone
government openly committed to cancelling the austerity terms of
its EU and IMF-backed bailout programme.

Jan 23, 2015

Independent Greeks emerge as Syriza coalition option

ATHENS (Reuters) – The anti-bailout Independent Greeks party has emerged as a potential coalition partner for Syriza should the leftists win Sunday’s election, as polls predict.

Although it is a party of the center-right formed by rebels from Prime Minister Antonis Samaras’ New Democracy, the Independent Greeks share Syriza’s opposition to the terms of Greece’s 240-billion-euro bailout by international lenders.

Jan 19, 2015

‘Grexit’ risk may be underestimated, Greek officials say

ATHENS (Reuters) – The idea that a Greek euro zone exit could be handled without much damage to the rest of the bloc is met with disbelief in Greek government circles.

With elections just six days away, leftist Syriza leads the opinion polls and is intent on cancelling the austerity terms of a bailout from Europe and the International Monetary Fund and also wants a big debt write off.

Jan 14, 2015

Anti-euro mood in Italy clouds Napolitano departure

ROME (Reuters) – For Italy’s partners in Brussels and Washington, President Giorgio Napolitano was a guarantor of stability during the euro zone crisis. But for austerity-weary Italians turning increasingly against Europe, his image is more ambivalent.

U.S. President Barack Obama last week thanked Napolitano, who resigned on Wednesday, for his “historic” term in office. The 89-year-old former communist has also been praised by international investors and commentators, who contrast his dutiful stance with Italy’s fractious politicians.

Jan 14, 2015

Italian President Napolitano departs, setting challenge for Renzi

ROME (Reuters) – Italian President Giorgio Napolitano handed in his resignation as head of state on Wednesday, leaving Prime Minister Matteo Renzi with the politically delicate task of finding a successor.

The 89-year-old Napolitano, widely respected outside Italy as a guarantor of stability during the euro zone crisis, had always been expected to step down before the end of his second term in office because of his advanced age.

Jan 2, 2015

Former Greek PM Papandreou sets up new party, complicating election outlook

ATHENS (Reuters) – Former Greek Prime Minister George Papandreou announced the creation of a new political party on Friday, confirming a long-expected split from the center-left PASOK and complicating the potential outcome of this month’s national election.

The new party, dubbed “Movement for Change”, has yet to detail policies but they are expected to be similar to those of PASOK, part of the ruling coalition led by Prime Minister Antonis Samaras’s center-right New Democracy.

Dec 31, 2014

Italy president says he will step down soon

ROME (Reuters) – Italy’s 89-year-old President Giorgio Napolitano said on Wednesday that he would step down soon because of his age, leaving Prime Minister Matteo Renzi facing a delicate political challenge to replace him.

After dropping hints for months, Napolitano began the president’s annual end-year address by saying he was speaking also to his successor, who would “soon” take his place.

Dec 31, 2014

Italy presidential choice poses problem for PM Renzi

ROME (Reuters) – An expected decision by Italy’s president to step down next year would leave Prime Minister Matteo Renzi facing one of his most delicate political challenges.

After dropping hints for months, 89-year-old Giorgio Napolitano, is likely to indicate in an end-of-year address on Wednesday evening that he will leave his post early next year, although he may not name an exact date.