There’s excitement in Greece today. It may be the day Greece finally gets a government!
From Kathmerini on Tuesday morning: Read more
There’s excitement in Greece today. It may be the day Greece finally gets a government!
From Kathmerini on Tuesday morning: Read more
And the Syriza leader is talking tax, ahead of Greece’s weekend election.
The people of Greece want to replace the failed old memorandum of understanding (as signed in March with the EU and International Monetary Fund) with a “national plan for reconstruction and growth”… Read more
The Spanish bank bailout, aka “failout”, may have been shrugged off by the markets on Monday but it seems to have given encouragement to Greek politicians as they prepare for the weekend’s elections.
The thinking broadly seems to be, if there’s room for manoeuvre/more cash for Madrid, why not for Athens! Read more
Alexis Tsipras, the leader of far left Syriza, took to the airways on Friday morning to declare he will essentially cancel austerity in Greece should his party come first in the upcoming elections. He wants the vote to be a sort of referendum on terminating the bailout agreement. And, unsurprisingly, his message has been going down well with the voters. The latest poll gives his party a six point lead. But results of the second round of voting are as difficult to predict as the first.
We wanted to take a closer look at the figures as they are the last set we’re going to get. Friday is the last day poll are allowed to be published ahead of the June 17 elections. Read more
If Greece ends the reform process it has undertaken, then I can’t see that the respective tranches [of aid] can be paid out.
– Guido Westerwelle Read more
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2About China's capacity to absorb more capital
3Secret liquidity and Scottish independence
4Spain's awful unemployment
5Pump up, debase
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