Tags: drachma
Greece Cuts Away and Tries to Sell the Rest
August 2nd, 2012
in econ_news, syndication
Econintersect: The several factions of the Greek government have agreed to additional spending cuts of €11.5 billion ($14.1 billion over the next two years. These will come from reduced pensions, public sector wages and government provided services.… more »
Greece: And the New Coalition Government is….?
June 18th, 2012
in econ_news
Econintersect: After winning the top spot in the Greek election Sunday 17 June 2012, the New Democracy Party (ND) has to lead the effort to form a new government. With only 29.6% of the vote and 129 seats in the 300 seat parliament, ND will need some… more »
Greece Exit Polls: New Democracy Winning a Near Tie
June 17th, 2012
in econ_news
Econintersect: The election in Greece today was held because no party received a majority in the early May election and, following the election, no coalition could be formed among the many fractious parties to get a 50%+ majority in parliament. The res… more »
Greece May Suffer Temporary Loses of Sovereignty
May 29th, 2011
in econ_news
Econintersect: How much will a financial bailout cost Greece? How about its independence as a nation? The Financial Times reports (article by Peter Spiegel, Quentin Peel and Ralph Atkins) that European leaders are negotiating a deal that would lead t… more »
