GREECE ELECTIONS

  • Rupee gains on Greek relief; RBI awaited June 18, 2012

    The rupee gained in early trade on Monday as risk assets rallied after Greece elections gave a slim majority to probailout parties, with the focus shifting to the central bank policy decision later in the day. The Reserve Bank of India (RBI) is widely expected to cut interest rates by at...
  • Greek proEurozone parties look to forge coalition June 18, 2012

    Athens: Political parties supporting Greece's international bailout will begin forging a government on Monday after an election victory over radical leftists staved off the prospect of the debtladen country leaving the euro and brought relief to global markets. Conservative New Democracy leader Antonis Samaras called for broad support after winning Sunday's...
  • Sensex down 244 pts on RBI's rate status quo June 18, 2012

    Mumbai: The market was prepared for one positive and one negative event on Monday; a fractured verdict in the Greece polls, and back home, a 25basis point reduction each in repo rate and cash reserve ratio. Investors did get their one good and one bad news, but not in the...
  • G20 nations hail Greece election result June 18, 2012

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  • Greece: World heaves a sigh of relief as proEurozone forces win June 18, 2012

    Fears of a Greek exit from the Eurozone have receded, as the probailout conservative New Democracy Party has won the Parliamentary elections. ...
  • Asian stocks rise after Greek vote eases fears June 18, 2012

    Tokyo: Asian stock markets climbed early on Monday after elections in Greece eased fears of global financial turmoil. Tokyo's benchmark Nikkei 225 index was up 2.1 per cent, at 8,749.31. Hong Kong's Hang Seng rose 1.8 per cent to 19,578.13. Australia's S&P/ASX200 rose 1.6 per cent to 4,123.30. South Korea's Kospi...
  • Greece elections: ProEurozone forces win June 18, 2012

    Athens: Fears of an imminent Greek exit from Europe's joint currency receded on Sunday after the conservative New Democracy party came first in a critical election and probailout parties won enough seats to form a joint government. As central banks stood ready to intervene in case of financial turmoil, Greece held...
  • Greece's decisive elections spark global anxiety June 17, 2012

    The main contenders, the rightwing New Democracy and leftwing Syriza party, are at odds over whether to stick with the tough EU bailout deal. ...
  • Greek exit polls: Top 2 parties neck and neck June 17, 2012

    Athens: In an election crucial for Greece, Europe and the world, exit polls on Sunday showed the two top contenders in Greece to be neckandneck. The outcome of Sunday's vote could determine whether Greece remains in the euro or is forced to leave the joint currency, a move that could drag...
  • World waits with bated breath as Greece votes June 17, 2012

    Athens: Greeks went to the polls on Sunday in an election that could decide whether their heavily indebted country remains in the euro zone or heads for the exit, potentially unleashing shocks that could break up the single currency. In an election fought over the punishing austerity package demanded by international...
  • World waits and watches as Greece heads to vote June 17, 2012

    A win for the Leftwing Syriza LED party would mean Greece's exit from the EU and bloodbath in the markets worldwide. ...
  • Greece politician assaults 2 others on live TV June 8, 2012

    Athens: Greece's election campaign turned ugly on live TV. The spokesman of the extremeright Golden Dawn party, after trading insults of "commie" and "fascist", lunged at two female leftwing politicians on a mainstream morning talk show, throwing water at one and smacking the other three times across the face. The violent...
  • Polls: Greek's proausterity parties gaining May 28, 2012

    Athens: Three weeks before Greece has another election, opinion polls published on Sunday indicated the election will result in no single party gaining a majority in parliament, but two parties that favor implementing Greece's bailout programs could be able to form a coalition government. The four surveys show that Greek voters,...
  • Judge to lead Greece to fateful June 17 election May 16, 2012

    Athens: Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits. Greeks have been withdrawing hundreds of millions...
  • Rupee hits 5month low, falls below 54 per $ May 16, 2012

    Mumbai: The rupee fell below 54/$ on Wednesday after risk assets continued to be beaten down on worries about the future of the euro zone after Greece failed to form a government. The rupee was at 54.1054.11/$ in early trade versus its Tuesday close of 53.79. That left it in sight...
  • Greeks punish main parties, risk euro exit May 7, 2012

    Athens: Greeks angry at years of austerity shrugged off the risk of a euro zone exit and punished their ruling parties, which failed to win enough votes to form a ruling coalition in Sunday's election. With about 95 per cent of the vote counted, conservative New Democracy and Socialist PASOK, who...
  • Greece elections: Proausterity parties suffer losses May 7, 2012

    The big question once the election results are out is whether the proausterity parties can scrape together enough seats to form some kind of coalition. ...