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Category Archives: Mr.Papandreou and democracy
Greek talks appear to fail:New elections very likely;anti-austerity a growing movement
According to the latest reports from Greece the talks among the three leading party leaders and the Greek president have failed to reach an agreement essentially because Syriza is sticking to its position and refusing to agree to enforcing extreme … Continue reading
Coalition building in Greece:A coalition may require Pasok &New Democracy party factions to co-operate with the left.
The head of the the second most sucessful party , Syriza , the coalition of the Left , Alexis Tipras has now been given the task of trying to form a government around an anti austerity position, after New Democracy … Continue reading
Triple witching hour for austerity:Hollande wins in France, Labour in Britain, anti-austerity in Greece.
A small but significant earthquake has occurred over the past few days in Europe. The victory of the Socialist party in the Presidential race combined with the election results in Greece along with the drubbing of the Conservative and Liberal … Continue reading
Posted in austerity, business cycles, classical economics, deficit hysteria, deficits and debt, European debt crisis, European unemployment, France politics+economy, Greek sovereign debt crisis, Mr.Papandreou and democracy, progressives, treasury view, UK local elections, Uncategorized, unemployment
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Greece votes on Sunday: anti austerity parties likely to capture more than 50 % of the vote.
Greek voters go to the polls in a few hours and it appears from the polls and expert analysis that the two major parties New Democracy and the Greek socialist party Pasok may together not get more than 40 or … Continue reading
George Papandreou has won the non confidence vote
Prime Minister George Papandreou has won the vote of non confidence in the Greek Parliament by a margin of 153 to 145 votes .Papandreou will now seek to form some sort of cross party government to broaden the base of … Continue reading
Greek Government seeks referendum approval of latest measures:panic among some lenders at prospect of democracy
Prime Minister Papandreou has apparently shocked some European leaders by announcing that he and his cabinet have decided to submit the latest bail-out and austerity package to a democratic referendum. In the crucible of democracy this seems wholly appropriate since … Continue reading