Political Crisis In Greece Raises Economic Fears Throughout Europe

Monday 29 December 2014





Greece Faces Early Election After PM Loses Vote On President -- Reuters



(Reuters) - Greece heads to an early general election next month after parliament rejected Prime Minister Antonis Samaras's nominee for president on Monday, throwing the country into a new period of political turmoil just as it emerges from economic crisis.



Greek 10-year bond yields surged to a 15-month high and stocks tumbled after former European Commissioner Stavros Dimas fell short of the 180 votes needed to become president in the decisive third round of voting, triggering the dissolution of parliament.



Samaras set Jan. 25 as the date for a parliamentary election.



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More News On Greece Going To The Polls On January 25



Europe Braces for Economic Fallout as Greece Heads to Early Elections -- New York Times

Greece readies for snap elections -- Deutsche Welle

Hardships frustrate Greeks as recession persists -- USA Today

New Greek crisis stokes fear of a eurozone fallout -- Independent.ie

Greek stocks plunge 11% amid political uncertainty -- Irish Times

Greek vote impasse raises cash concerns -- Irish Examiner

IMF Freezes Aid to Athens Until After General Elections -- Latin American Herald Tribune

The odds of Greece leaving the euro have never been higher -- Washington Post

Greece’s Bad Political Choices -- WSJ

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