SYRIZA

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This Man Will Guide Greece Into Uncharted Territory

Meet Euclid Tsakalotos, the country's new finance minister

(Newser) - The Greek government has named Euclid Tsakalotos as the country's new finance minister, a day ahead of an emergency meeting with creditors in Brussels. The 55-year-old economist was Prime Minister Alexis Tsipras' lead bailout negotiator in talks that halted last month before Tsipras called for yesterday's referendum . Tsakalotos... More »

New Greek Govt.: Debt Repayment Isn't Realistic

Syriza economics spokesman calls for negotiations

(Newser) - As Greece's newly elected Syriza party takes office, its top economics spokesman is making the party's views on debt clear. It's "unrealistic" to think that Greece will be able to pay back the $270 billion bailout it received from the eurozone and other lenders, Euclid Tsakalotos... More »

Radical Lefties Win Greek Elections

Anti-bailout party Syriza cruises to win in parliamentary vote

(Newser) - A Greek state TV exit poll is projecting that anti-bailout party Syriza has won today's parliamentary elections—in a historic first for a radical left wing party in Greece. But it's unclear whether Syriza has won a decisive enough victory over Prime Minister Antonis Samaras' incumbent conservatives to... More »

Greek Cabinet Hit With Another Resignation

Merchant Marine minister follows finance minister out the door

(Newser) - A second Greek Cabinet member has resigned, marking the second casualty in as many days for the financially struggling country's new conservative-led government. Giorgos Vernicos, deputy minister for Greece's merchant marine ministry, announced his resignation today, and it was accepted by the government. He did not immediately give... More »

Pro-Bailout Party Wins Greek Election

New Democracy leader Antonis Samaras: Greeks chose 'European path'

(Newser) - Fears of an imminent Greek exit from Europe's joint currency receded today after the conservative New Democracy came first in critical elections and pro-bailout parties won enough Parliamentary seats to form a joint government. As central banks stood ready to intervene in case of financial turmoil, Greece held its... More »

Central Banks Steel for Greek Vote

G20 ready for 'coordinated action'

(Newser) - Central banks across the world are preparing to take decisive action if needed after Greece's election on Sunday, which could rattle financial markets. "The central banks are preparing for coordinated action to provide liquidity," a G20 aide tells Reuters . Britain says it will inject its economy with... More »

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