By clicking "I Agree" below, you acknowledge that you accept our
Feel free to check out our policies anytime for more information.
Filter by region
Questions remain over whether the fragile Greek coalition will survive as it implements its austerity programme to pay off the country’s huge debt. The government has a tiny majority and is meeting with increased opposition as it develops its privatisation programme selling Greece’s public companies. And it is promising more austerity.
Greece’s coalition government is fighting to produce spending cuts acceptable to Europe’s Troika. But its austerity package is leading to social unrest and political confrontation with the judiciary, the police and the armed forces and support for the extreme right wing Golden Dawn.
SOCIAL unrest and political confrontati...
The Greek backlash on politicians who have failed them over the last 38 years could have gone too far. It created a shock for the population and the money markets. Days after the election the Greeks had withdrawn 700 million euros from the banks. That figure is now more than two billion and rising. When the population is asked to vote for a second time on June 17 i...