![]() | ATHENS (Reuters) - Greece's conservatives are close to forming a new coalition government following a narrow election victory, a party official said on Monday, after their leader promised to soften the country's punishing austerity program despite G ... |
| LOS CABOS, Mexico (Reuters) - The United States suggested on Monday it would support discussions to review Greece's international bailout, saying economic reforms under the 130-billion-euro rescue program were pushed off track by a drawn out politica ... |
| Morning Business Memo: The doomsday event has been avoided for the euro, at least for now. Things could have been a lot uglier today on financial markets. Voters in Greece ended months of political stalemate by narrowly backing pro-bailout parties in ... |
| NEW YORK (Reuters) - Fitch Ratings on Monday said it saw a lower risk of a disorderly Greek debt default and exit from the euro area following the narrow victory for the pro-bailout New Democracy party in Greek parliamentary elections on Sunday. The ... |
| The European debt crisis provided the backdrop to the weekend's election in Greece where a conservative, party won the most votes. The New Democracy party is working to form a coalition government and says Greece must meet its bailout commitments. Bu ... |
| Greece raced to form a coalition with broad support by the end of Monday after an election victory by pro-bailout parties which eased fears of a Greek eurozone exit and brought relief to world markets. ... |
| LOS CABOS, Mexico (Reuters) - The United States suggested on Monday it would support a review of Greece's international bailout, saying economic reforms under the 130-billion-euro rescue program were pushed off track by elections narrowly won by the ... |
| ATHENS (Reuters) - Greece's conservatives said they are poised to form a coalition government with the Socialists on Tuesday, allowing the two parties that dominated politics for decades to share power despite a major anti-establishment election vote ... |
![]() | LOS CABOS, Mexico (Reuters) - World leaders pressured Europe on Monday to take ambitious new steps to resolve its debt crisis after a victory for pro-bailout parties in a Greek election failed to calm markets or ease worries that wider turmoil could ... |
| Crisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. ... |
| PARIS (Reuters) - French banks, the top foreign lenders to Greece, are expected to continue their quiet retreat from the debt-wracked country after Greek voters gave a slim majority to parties supporting the international bailout that keeps it afloat ... |
| Greece's conservative leader will hold a second day of talks with rival party leaders in an attempt to form a coalition government, after the debt-crippled country's second inconclusive election in six weeks. ... |
| BERLIN/ATHENS (Reuters) - Euro zone paymaster Germany, relieved at a narrow election victory for Greece's pro-bailout parties, signaled on Monday it may be willing to grant Athens more time to meet its fiscal targets to avert a catastrophic euro exit ... |
![]() | Rival Greek party leaders launched a second day of talks on Tuesday in an attempt to quickly form a coalition government, after the debt-crippled country's second inconclusive election in six weeks. ... |
| ATHENS (Reuters) - Greece's conservatives are close to forming a new coalition government following a narrow election victory, a party official said on Monday, after their leader promised to soften the country's punishing austerity program despite Ge ... |
![]() | ATHENS (Reuters) - Greece's centre-right New Democracy party will try to form a coalition on Monday to back the country's international bailout after a narrow election victory that eased fears of a sudden exit from the euro. European stocks and the ... |
| Greek deposit withdrawals slowed today after an election victory by the pro-bailout New Democracy party eased concern the nation will abandon the euro, three people familiar with situation said. ... |
| LOS CABOS, Mexico (Reuters) - World leaders pressured Europe on Monday to take ambitious new steps to resolve its debt crisis after a victory for pro-bailout parties in a Greek election failed to calm markets or ease worries that wider turmoil could ... |
| Greece's election results have eased fears of imminent financial disaster for Europe, but the continent's leaders are still searching for a way to contain a debt crisis that threatens the global economy. ... |
![]() | Interest rates on Spain's debt rise sharply on expectations it will become fourth EU country to require full-scale bailout A rally in financial markets at the result of Greece's election lasted barely an hour amid growing fears that Europe's worsenin ... |
| MADRID (Reuters) - Spain is likely to pay record prices to borrow at debt auctions on Tuesday and Thursday after the Greek election failed to ease concerns about the future of the euro zone and amid uncertainty over whether Madrid will need a full so ... |
| Greece's two leading pro-bailout parties appeared late Monday to be headed into an alliance that would give them the majority needed to keep promised reform policies on course, but they were scrambling to find support from others in Parliament for a ... |
![]() | SINGAPORE (Reuters) - Asian shares slipped on Tuesday as a post-Greek election relief rally quickly ran out of steam, with rising Spanish and Italian bond yields signaling that European leaders still have much to do to contain the euro zone debt cri ... |
| On Monday, gold (NYSEARCA:GLD) futures for August delivery slipped $1.10 to settle at $1,627 per ounce, while silver (NYSEARCA:SLV) futures edged 7 cents lower to close at $28.67.Both precious metals started the week on a quiet note, as the pro-bail ... |
| The leader of the party that narrowly won Greece's election has begun urgent talks to form a coalition, saying he wants to forge a "national consensus". ... |
| The euro is falling against the dollar even after an election victory for pro-bailout parties in Greece means it's more likely the country will stay in the euro. ... |
| The anti-bailout party Syriza didn't win the most votes, but they did win the future in Greece. ... |
![]() | Greece's conservative leader will hold a second day of talks with rival party leaders in an attempt to form a coalition government, after the debt-crippled country's second inconclusive election in six weeks. ... |
![]() | New Democracy leader Antonis Samaras faces a daunting task after his pro-Euro party won the Greek elections over the weekends: form a coalition government in three days, and do it without the help the party that finished second in the vote. Alexis T ... |
| ATHENS, Greece - Fears of an imminent Greek exit from Europe's joint currency receded Sunday after the conservative New Democracy party came first in a critical election and pro-bailout parties won enough seats to form a joint government. ... |
| ATHENS (Reuters) - Austerity-weary Greeks expressed relief on Monday that their votes have shown the outside world they want to stay in the euro, but many doubted the next government could solve their country's huge problems - or even last more than ... |
![]() | LONDON (Reuters) - Oil prices fell towards $96 a barrel on Monday, erasing early gains after a pro-bailout vote in Greece failed to ease concerns about the euro zone while analysts said oversupplied crude markets would cope with any loss of Iranian ... |
| Greek conservative leaders say they expect to form a new coalition government with the Socialists Tuesday. Socialist leader Evangelos Venizelos, whose PASOK party finished third in Sunday's parliamentary elections, says talks with the conservative ... |
| WHITHER RALLY? U.S. stocks closed mixed on Monday despite what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. Europe's broader financial burdens overshadowed whatever breathing roo ... |
| World leaders were set to pile pressure on Europe at a G20 summit to outline a lasting strategy to save the euro currency after a victory for pro-bailout parties in a Greek election failed to calm financial markets. U.S. ... |
| Greek stocks rallied to a one-month high, led by banks, after pro-bailout parties obtained more than half the seats in national elections, easing concern the country will leave the euro currency union. ... |
| Japanese stocks fell from a one- month high after borrowing costs in Spain surged to a euro-era record and Greece’s election failed to assure investors that European officials will contain the region’s debt crisis. ... |
| World leaders, relieved that pro-bailout parties won a narrow election victory in Greece, will pile pressure on Europe at the G20 summit on Monday to outline a lasting strategy to save the euro currency and end financial turmoil. ... |
![]() | Greece's conservative leader Antonis Samaras began talks on forming a pro-bailout coalition government after his New Democracy party eked out a slim victory in Sunday's elections. ... |
![]() | BERLIN/ATHENS (Reuters) - Euro zone paymaster Germany, relieved at a narrow election victory for Greece's pro-bailout parties, signaled on Monday it may be willing to grant Athens more time to meet its fiscal targets to avert a catastrophic euro exi ... |
![]() | Greek elections eased fears about the country’s exit from the euro zone, but attention turned Monday to restoring economic health to Europe with Greece still in it. ... |
![]() | Greek elections eased fears about the country’s exit from the euro zone, but attention turned Monday to a bigger challenge: restoring Europe to economic health with Greece still in it. ... |
| Conservatives win a slim victory in parliamentary elections and have a strong shot at forming a coalition or an arrangement that will honor the bailout deals. ATHENS — Weeks of political paralysis look set to end in Greece with the election of partie ... |
![]() | European leaders hope large coalition including smaller parties will be able to push through austerity measures Greece's prime minister designate, Antonis Samaras, is coming under European pressure to cobble together the broadest and strongest possib ... |
![]() | Live coverage as New Democracy leader Antonis Samaras prepares to form government that will attempt to keep Greece in euro by sticking to bailout terms and austerity • Read a summary of today's key events 2.07pm: Notis Mitarachis, a New Democracy MP, ... |
| The New Democracy party came in first in Greece's election Sunday and immediately proposed forming a pro-euro coalition government -- a development that eased, at least briefly, deep fears that the vote would unleash an economic tsunami. ... |
| ATHENS -- For the second time in six weeks, Greek conservatives on Monday scrambled to form a coalition government after winning a national election but falling short of an outright majority in parliament. ... |
| Greece's political parties could form a coalition government as early as Monday after Sunday's general election provided a "clear mandate" to do everything to stay in the euro zone, a key member of the Socialist Pasok party said Monday. ... |
| Greek voters give victory to pro-euro party that supports the economic bailout. | Egyptians elect an Islamist in its first competitive presidential election. ... |
| GREEK VOTERS have spared themselves, and Europe, an immediate economic catastrophe — and subjected the continent to weeks or months more of painful suspense about whether its common currency can survive. In an election Sunday, a plurality swallowed ... |
| Greek election winner Antonis Samaras begins a second day of talks to form a coalition after holding “constructive” meetings with two party leaders, racing to forge a government that keeps bailout aid flowing. ... |
| Stocks in Europe gave up their initial gains Monday, failing to continue a rally seen in Asia after pro-bailout parties won enough votes in Greece's parliamentary elections to form a government. Greece's stock exchange was the exception, holding a 6- ... |
| Crisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. U.S. stocks were little changed, and borrowing costs for Spain surged to alarming level ... |
| BERLIN (Reuters) - It is still too early to withdraw the European Central Bank's emergency support measures in light of the heightened tension in financial markets, ECB Executive Board member Joerg Asmussen said on Monday. The euro and shares rallied ... |
| Pro-bailout New Democracy leader Antonis Samaras claims victory saying Greeks voted to stay in the euro single currency, whilst the Syriza party leader Alexis Tsipras declares an end to bailout agreements despite his party's loss. ... |
| World leaders have welcomed the narrow victory for Greece's pro-bailout New Democracy party - but uncertainty still remains amid concerns over the party's ability to form a strong and stable government. ... |
| European leaders welcomed the result of a much-anticipated Greek election that gave a narrow victory to the center-right. As New Democracy's Antonis Samaras embarks on coalition talks, will it be enough to salvage the Greek economy and save the euro? ... |
![]() | Greece's election result has eased fears of imminent financial disaster for Europe, but the continent's leaders are still searching for a way to contain a debt crisis that threatens the global economy. ... |
| Asian stocks fell, with the regional benchmark index retreating from a one-month high, as borrowing costs in Spain climbed to a euro-area record and optimism faded that Greece’s election will calm Europe’s sovereign-debt crisis. ... |
| Fears of an imminent Greek exit from Europe's joint currency receded after the conservative New Democracy party came first in a critical election and pro-bailout parties won enough seats to form a joint government. ... |
| The Greek elections took place without a ?leave the euro? outcome that was starting to look increasingly likely.??Now it's time for Greece to face reality by collecting some taxes and potentially selling some assets. It will be a long road that many ... |
| Asian debt markets got a boost Monday, as hopes that a pro-austerity Greek coalition government might be formed, following victory by the conservative New Democracy party at the polls, raised the prospect that a euro-zone fracturing could be avoided. ... |
![]() | World stock markets move higher on relief that pro-bailout parties in Greece had secured a narrow victory World stock markets were propelled higher on Monday morning on relief that pro-bailout parties in Greece had secured a narrow victory in the ele ... |
| Fitch Ratings said the victory of Greece’s pro-bailout New Democracy has removed the immediate risk of the ratings company cutting the credit grades of fellow euro area member countries. ... |
| LONDON — Europe found itself in the firing line of financial markets and world leaders on Monday, with election results in near-bankrupt Greece failing to quell mounting fears about the region’s financial stability. Read full article ... |
| Japanese and Australian stock futures fell as borrowing costs in Spain climbed to a euro-area record and optimism faded that Greece’s election will calm Europe’s sovereign-debt crisis. ... |
| ATHENS (Reuters) - Greece's centre-right New Democracy party will try to form a coalition on Monday to back the country's international bailout after a narrow election victory that eased fears of a sudden exit from the euro. ... |
| Europe looked on with wary relief Monday as Greek conservative leader Antonis Samaras received a mandate to launch coalition talks after coming first in national elections that follow weeks of uncertainty over the debt-crippled country's future. ] ... |
| Antonis Samaras, the leader of the victorious right-wing New Democracy party, said yesterday he wants to form "a national salvation government" with as many parties as possible after a hard-fought election that left Greeks more polarised than ever. ... |
![]() | ATHENS (Reuters) - 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 debt-laden country leaving the euro and brought r ... |
| ATHENS (Reuters) - The leader of Greece's New Democracy party Antonis Samaras will meet President Karolos Papoulias at 12.30 p.m. (0930 GMT) on Monday following his victory in Sunday's election, the president's office said in a statement. No details ... |
| German stocks advanced to a one-week high, led by carmakers, as gains by pro-bailout parties in Greece’s election calmed speculation that the country would be forced out of the euro area. ... |
| Antonis Samaras, the leader of the victorious right-wing New Democracy party, said yesterday he wants to form "a national salvation government" with as many parties as possible after a hard-fought election that left Greeks more polarised than ever. ... |
| ATHENS (Reuters) - Pro-bailout party New Democracy may have come first in Sunday's Greek election but the radical left anti-austerity SYRIZA bloc was celebrating like the real winner well into the warm Athens night. The election exposed a struggling ... |
| ATHENS (AP) — Greece's election result has eased fears of an imminent financial disaster for Europe, but the region's indebted governments remain under heavy pressure. Spain and Italy are fighting to keep their borrowing costs down and European lead ... |
![]() | Crisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. U.S. stocks were little changed, and borrowing costs for Spain surged to alarming leve ... |
![]() | LONDON (Reuters) - Stock index futures pointed to a mixed open on Monday as initial euphoria over a slim victory for Greece's pro-bailout parties faded and the focus returned to the euro zone's problems and the chances of any action by central banks ... |
| Greece's New Democracy party, which favors meeting European Union bailout demands, won the largest percentage of votes and is preparing to form a coalition. ... |
| On Sunday, Greece’s New Democracy party narrowly defeated the upstart Syriza party, which had called for the abolition of Greece’s loan agreement with its foreign creditors. ... |
| NICOSIA (Reuters) - Greece's election has pulled its smaller neighbor Cyprus back from the precipice - for now - but Nicosia still has urgent work to do to rescue its banking sector if it is to avoid becoming the next casualty of the euro zone crisis ... |
![]() | Market relief over Greece's election results faded quickly on Monday, with Spain suffering a jump in its borrowing rates as investors worried that the crisis shaking the 17 nations that use the euro was far from over. ... |
| U.S. stocks are falling after the opening bell as Europe's debt crisis roils markets despite the victory of a pro-Europe party in Greek elections. ... |
![]() | The New Democracy leader, Antonis Samaras, will try to convince longtime rival, the Socialist Pasok party, to join forces in a pro-bailout coalition — in a country with no tradition of coalition rule. ... |
| Spanish markets breathed a sigh of relief Monday with stocks opening higher and the country's borrowing costs dipping slightly after pro-bailout parties won the elections in Greece. ... |
![]() | Athens, Greece— Europe looked on with wary relief Monday as Greek conservative leader Antonis Samaras launched coalition talks after coming first in a vote that follow weeks of uncertainty over whether the debt-crippled country could remain in the j ... |
| New Democracy leader Antonis Samaras's attempt to forge a government of 'national salvation' already snubbed by Syriza Tasked with forming a coalition government, Greece's conservative leader Antonis Samaras has begun efforts to build an administrati ... |
| Swiss stocks climbed for a second straight day amid optimism Greece will stay in the euro after pro-bailout parties won enough seats in yesterday’s elections to form a government. ... |
| ATHENS (Reuters) - 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 debt-laden country leaving the euro and brought re ... |
| Antonis Samaras, the leader of Greece's New Democracy party, began talks to form a government on Monday after winning an election that leaves him with the daunting task of imposing austerity measures in a near-bankrupt economy. ... |
| Oil futures dropped 2% as rising Spanish bond yields revived worries over Europe's debt crisis, despite a victory of the pro-bailout party in Greece's elections. ... |
| Europe looked on with wary relief today as Greek conservative leader Antonis Samaras launched coalition talks after coming first in a vote that follow weeks of uncertainty over whether the debt-crippled country could remain in the joint euro currenc ... |
![]() | Europe looked on with wary relief Monday as Greek conservative leader Antonis Samaras launched coalition talks after coming first in a vote that follow weeks of uncertainty over whether the debt-crippled country could remain in the joint euro curren ... |
![]() | LOS CABOS, Mexico (Reuters) - World leaders, relieved that pro-bailout parties won a narrow election victory in Greece, will pile pressure on Europe at the G20 summit on Monday to outline a lasting strategy to save the euro currency and end financia ... |
| Political parties supporting Greece's international bail-out begin forging a government on Monday after an election victory over radical leftists staved off the prospect of the debt-laden country leaving the euro. ... |
| Europe's sovereing debt crisis marches on, with the Greek elections resulting in receding Euro exit risk, markets are now focused on Spain and the fragility of its banking and sovereign finances, pushing bond yields to record highs. ... |
| ATHENS (Reuters) - Pro-bailout party New Democracy may have come first in Sunday's Greek election but the radical left anti-austerity SYRIZA bloc was celebrating like the real winner well into the warm Athens night. ... |
| Monday features headlines about an election in Greece. Why does what happens there have so much of an effect on the U.S. economy? And does this mean that America can't lead the world? In Greek elections Sunday, the cradle of democracy elected a polit ... |
| Hong Kong stocks rose, with the benchmark index headed for its biggest two-day gain this year, as projections showed pro-bailout parties won control of Greece’s parliament in an election viewed as a referendum on whether the debt-strapped country wil ... |
![]() | Crisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. U.S. stocks were little changed, and borrowing costs for Spain surged to alarming leve ... |
| Wary confidence among investors as pro-bailout New Democracy party tries to build new gov't that would keep Greece in eurozone ... |
| European stock markets briefly rose Monday after elections in Greece eased fears of global financial turmoil, but any euphoria wore thin by midday - a reminder that the crisis shaking the 17 nations that use the euro was far from over. ... |
| LOS CABOS, Mexico (Reuters) - World leaders, relieved that pro-bailout parties won a narrow election victory in Greece, will pile pressure on Europe at the G20 summit on Monday to outline a lasting strategy to save the euro currency and end financial ... |
| ATHENS — Greece’s conservative New Democracy Party prevailed in elections Sunday, giving it the chance to form a new coalition government that would try to comply with the difficult terms of the country’s bailout and secure its spot in the euro zone ... |
| World leaders, relieved that pro-bailout parties won election in Greece, will pile pressure on Europe at the G20 summit in Mexico today to outline a lasting strategy to end financial turmoil. ... |
| Greece is on track to get a new coalition government composed of the two parties that broadly back its bailout from European partners and the IMF. The conservative New Democracy, which will lead the coalition, and its expected minority partner, the ... |
| Rolling coverage of the eurozone, following a narrow victory for parties supporting the bailout in Greece’s election ... |
| NEW YORK (Reuters) - U.S. stock index futures rose on Sunday with Greek parties that support a bailout for the country set to win a slim parliamentary majority, bringing some relief to a world braced for fresh financial turmoil. Investors have feared ... |
| LOS CABOS, Mexico (Reuters) - U.S. President Barack Obama said on Monday the outcome of Greece's election showed a "positive prospect" for the formation of a Greek government that could work well with international partners who are helping it address ... |
| U.S. President Barack Obama said Greece's election results bode well for the country and that world leaders would this week take "an important" step toward stabilizing volatile global markets roiled by Europe's debt crisis. ... |
| Spanish markets breathed a sigh of relief Monday with stocks opening higher and the country's borrowing costs dipping slightly after pro-bailout parties won the elections in Greece. ... |
| European stocks rose the most in a week on optimism Greece will stay in the euro after projections showed pro-bailout parties won enough seats in yesterday’s election to form a government with a workable majority. U.S. index futures and Asian stocks ... |
| LOS CABOS, Mexico (Reuters) - A mission from Greece's international lenders will be sent to Athens as soon as a government is formed there to assess how the bailout program targets can be achieved, European Union President Jose-Manuel Barroso said on ... |
![]() | Greece avoids 'Drachmageddon' as voters hand the conservative, pro-bailout parties a narrow victory • All eyes on G20 meeting in Mexico Live blogging now: @JuliaKollewe 7.52am: There is very little in terms of economic data scheduled for today, so th ... |
![]() | PARIS—European stock markets briefly rose Monday after elections in Greece eased fears of global financial turmoil, but any euphoria wore thin by midday—a reminder that the crisis shaking the 17 nations that use the euro was far from over. ... |
| ATHENS (Reuters) - Greece is on track to get a new coalition government composed of the two parties that broadly back its bailout from European partners and the IMF. The conservative New Democracy, which will lead the coalition, and its expected mino ... |
| World financial markets were spared the wrath of Zeus yesterday with the election of the solidly pro-euro New Democracy party in Greece’s parliamentary election. Economists had been bracing for financial chaos if the anti-bailout Syriza party — which ... |
![]() | Negotiations to form a government in crisis-struck Greece look set to enter a second day, after the head of the country's socialist party insisted on a broad coalition and said negotiations must wrap up by the end of Tuesday. ... |
| Greece's pro-bailout parties won a slim parliamentary majority in Sunday's elections, after an inconclusive general election in May failed to produce a government. The radical leftists who had vied for first place conceded defeat, after official esti ... |
| The conservative New Democracy party won a narrow first-place finish in Greece's parliamentary election over Syriza, the radical-left group that had vowed to dismantle multibillion-dollar economic rescue accords and harsh austerity measures demanded ... |
| ATHENS – The winner of the Greek elections moved on Monday to build a governing coalition for this fractured state, as rising Spanish interest rates offered a stark reminder that the worst may still not be over for the euro zone. Read full article ... |
| A victory Sunday for the pro-austerity party in Greece was not enough to convince global investors on Monday that Europe’s economic troubles are over. ... |
| ATHENS (Reuters) - Greek conservative leader Antonis Samaras will meet Socialist PASOK leader Evangelos Venizelos for talks on forming a government at 1500 GMT on Monday, a New Democracy official told Reuters. Samaras, whose New Democracy party won S ... |
| Greeks voted to continue reform, austerity, and staying in the euro zone. It was a vote based largely on fear of the alternative. But at least it produced a workable result that Greece's creditors should now support by adjusting the timeline for debt ... |
| European stock markets briefly rose Monday after elections in Greece eased fears of global financial turmoil, but any euphoria wore thin by midday — a reminder that the crisis shaking the... ... |
| European bank shares largely shed initial gains Monday as resurging fears over Spain eclipsed the news of Greece's endorsement of pro-bailout parties which had eased market concerns that the country risked making a messy exit from the euro zone. ... |
| The euro sank 0.07% against the dollar to $1.2628. ... |
| Greece appeared to have avoided crashing out of the euro currency zone early Monday after political parties in favor of an international bailout deal won a slim election majority. ... |
| The winning party in the Greek election is racing to form a coalition government, as the second-place party refuses to join in. ... |
![]() | WARSAW (Reuters) - Every once in a while a sports tournaments pits two nations against each other for whom the confrontation could not be more timely. Greece progressed from the Euro 2012 group stage against all expectations and will play Germany on ... |
![]() | Asian stocks rose Monday after elections in Greece eased fears of global financial turmoil, but the euphoria wore thin as European markets opened — a reminder that the crisis shaking the 17 nations that use the euro was far from over. ... |
| ATHENS, Greece—Europe looked on with wary relief Monday as Greek conservative leader Antonis Samaras received a mandate to launch coalition talks after coming first in national elections that follow weeks of uncertainty over the debt-crippled country ... |
| Greek President Karolas Papoulias will ask the leader of the center-right New Democracy party Monday to try to hammer out a coalition. ... |
| A narrow election victory for Greece's pro-bailout New Democracy is welcomed by world leaders, who urge Athens to form a new government quickly. ... |
| LONDON (Reuters) - Greece's election has averted the immediate threat of a euro break-up, but it does nothing to restore the magic ingredient missing in the European and global economies - confidence. Investors and corporate executives are paid to ca ... |
| European stocks gained as investors breathed a sigh of relief following the victory of the pro-bailout New Democracy party in the Greek elections. ... |
| MILAN/MADRID (Reuters) - Any hopes Italy and Spain may have had that the Greek election result would ease pressure on their own debt crises were dashed early on Monday when financial markets reacted as if nothing had changed. The cost of borrowing ro ... |
![]() | U.S. stocks are falling after the opening bell as Europe's debt crisis roils markets despite the victory of a pro-Europe party in Greek elections. ... |
| Even if Greece has stepped back from the brink of a euro-zone exit, that hasn’t slowed the spread of the financial crisis ... |
| LOS CABOS, Mexico — President Obama Monday morning expressed approval for the results of the Greek election. “I think the election in Greece yesterday indicates a positive prospect for not only them forming a government, but also them working constru ... |
![]() | Greek election victor Antonis Samaras says he will continue efforts to build a broad coalition government, despite a refusal from the second-placed Syriza radical left party to join in. ... |
![]() | Fears of an imminent Greek exit from Europe's joint currency receded Sunday after the conservative New Democracy party came first in a critical election and pro-bailout parties won enough seats to form a joint government. ... |
| The Greek election produced a knife-edge result yesterday, with the establishment parties snatching victory in a narrow race, according to official projections. "The Greek people voted today to stay on the European course and remain in the euro zone ... |
![]() | Washington — A slim victory for pro-Europe parties Sunday in an election in Greece should relax fears that a country will leave the euro for the first time and unleash global financial turmoil. ... |
| Greece's New Democracy party vows to keep the country "anchored" to the Euro after a slim election victory, as Mark Lowen reports. ... |
| Greece's conservative election victor Antonis Samaras says he is optimistic of forming a coalition after the president tasked him to form a new government. ... |
![]() | The Greek election result has brought a collective sigh of relief for the eurozone, as the pro-bailout party New Democracy won the most seats. The party also got a 50 seat bonus for coming in first place and will... ... |
| "What's happened in Greece is good news. The Greek citizens have done the right thing. The European Union is going to help Greece, because the European Union is and must be a joint project that seeks the well-being and the material improvement of all ... |
| Asian markets were lifted in early trade after a victory for Greece's center-right, pro-bailout New Democracy party in crucial weekend elections. ... |
| The election in Greece of a pro-bailout party induced a huge sigh of relief well beyond Athens and plenty of press reaction that veered between cautious optimism and weary angst. ... |
| World leaders are gathering in Mexico for a two-day G20 summit which begins Monday in the Pacific coast resort of Los Cabos amid turmoil in the eurozone and worsening bloodshed in Syria. The worries about the economic turmoil in Europe were eased ... |
![]() | In Greece, the conservative New Democracy party eked out a slim victory in Sunday's parliamentary elections over Syriza, the radical-left group that vowed to ditch Athens' multibillion-dollar rescue deals and the harsh austerity measures they entaile ... |
| Spanish 10-year government bond yields rose through 7 percent as yesterday’s Greek election failed to ease investor concern that politicians will be unable to stem Europe’s debt crisis. ... |
| Spain's borrowing costs have broken through the level where its debt is seen as unsustainable, despite the victory by pro-bailout parties in the Greek elections. ... |
| Oil hovered above $84 a barrel Monday in Asia after Greek election results suggested the country will stay in the euro common currency, reducing the risk of a major upheaval in financial markets and the world economy. ... |
| LOS CABOS, Mexico—World leaders' relief at Greek voters rejection of an anti-bailout government that could have forced the country's exit from the European currency union had evaporated by early Monday on the continued severity of Europe's economic p ... |
| Greek voters narrowly favored a center-right party in Parliamentary elections Sunday, a result that is likely to ease fears that the country will leave the eurozone. ... |
| The rand rose for a fifth day in its longest winning streak in more than three months and bonds rose as gains by pro-bailout parties in Greek elections boosted demand for riskier assets. ... |
![]() | The conservative party that backs keeping Greece in the eurozone won the country's national election Sunday and immediately proposed forming a pro-euro coalition government — a development that eased, at least briefly, deep fears that the vote would ... |
| Greece survived to fail another day, say economists at Royal Bank of Scotland Group Plc and Citigroup Inc. ... |
![]() | Rightwing New Democracy party hopes to lead coalition while left gains from votes against austerity European leaders working to avert a meltdown of the single currency gained some respite when Greek voters handed a narrow victory to mainstream conser ... |
| MADRID (Reuters) - Spain's treasury minister urged the European Central Bank on Monday to respond firmly to market pressures, after a Greek election did little to soothe investor concern about the spread of the debt crisis, pushing Spanish bond yield ... |
| Asian stocks gained, with the regional benchmark index heading for a one-month high, as concern over Greece exiting the euro eased after official projections showed the largest pro-bailout parties won enough seats in an election to form a coalition. ... |
![]() | SYDNEY (Reuters) - The euro and risk currencies jumped on Monday and global shares were poised to open higher as the risk of a Greek exit from the euro zone faded after political parties committed to a Greek bailout deal looked set to win a cliffhan ... |
| (LOS CABOS, Mexico) — World leaders expressed relief on the eve of a G20 summit that Greek voters had stepped back from the edge and elected a government that supports painful reforms in exchange for a European Union bailout of the country’s troubled ... |
| Despite a pro-bailout vote in Greece, oil prices fell over continued concerns about the eurozone. ... |
| The Greek election result had a positive impact on markets for about one hour, which makes it even less effective than the Spanish bailout. but lack of political will to face the Euro's end means the bad news will come thick and fast in the next seve ... |
| World leaders expressed relief on the eve of a G20 summit that Greek voters had stepped back from the edge and elected a government that supports painful reforms in exchange for a European Union bailout of the country's troubled economy. ... |
| World leaders' relief at Greek voters rejection of an anti-bailout government that could have forced the country's exit from the European currency union had evaporated by early Monday on the continued severity of Europe's economic problems. ... |
| Greece’s New Democracy leader, Antonis Samaras, starts trying to build a coalition as markets remain jittery after a shortlived relief rally ... |
| Span's borrowing costs broke through the level where its debt is seen by many market watchers as unsustainable Monday, despite the victory by pro-bailout parties in the Greek elections. ... |
| Greek elections favor the pro-bailout party, meaning no exit for now. Romney can’t say he’d roll back Obama’s DREAM by fiat. The President explains himself in these pages. A visit with the uninsured and unaware. Chris Christie and opportunity lost. B ... |
| European governments signaled a willingness to relent on Greece’s austerity measures as leaders turn from an election victory by Greek bailout proponents to focus on safeguarding the other 98 percent of the euro economy. ... |
| The leader of Greece's election winning party begins talks to form a national coalition, after receiving a formal mandate from the president. ... |
| Greek conservative leader Antonis Samaras is to launch coalition-building talks after coming first in national elections that follow weeks of uncertainty over the debt-crippled country's future in Europe's joint currency. ... |
| The next steps in the laborious process of forming a coalition government in Greece after Sunday's new inconclusive elections: — Conservative New Democracy came first in Sunday's vote with a higher percentage than on May 6. ... |
| The conservative New Democracy party has finished first in the Greek election, boosting the prospects that the country will remain in the eurozone. The radical left Syriza party, which wants Greece to ignore its international commitments, finished se ... |
| Market relief at the future of the euro zone began to fade by midmorning Monday, as stocks and the euro retreated and Spain’s borrowing costs reached a level seen by many as unsustainably high. ... |
| A slim victory for the main conservative party in an election in Greece should relax fears that a country will stop using the euro for the first time and possibly unleash global financial turmoil., A slim victory for the main conservative party in ... |
| Treasuries declined as projections showed politicians who support Greece’s bailout won enough seats in elections to control parliament, easing concern the nation would be forced out of the euro bloc. ... |
| Oil rose to near $85 a barrel Monday in Asia after Greek election results suggested the country will stay in the euro common currency, reducing the risk of a major upheaval in financial markets and the world economy. ... |
| Oil rose to the highest in a week as projections showed Greece’s two largest pro-bailout parties winning enough seats to forge a parliamentary majority, easing concern Europe’s debt crisis will worsen and crimp fuel demand. ... |
| Has the Eurozone found some breathing room in its crisis? The conservative New Democracy (ND) party eked out a victory in Sunday’s parliamentary elections, edging out the leftist Syriza party, which is strongly opposed to the austerity measures impos ... |
| The victory yesterday of Greece’s pro-eurozone New Democracy Party averts an immediate crisis but does not mean Europe’s problems have gone away.The main problem is the imbalance between the southern-tier countries of Greece, Italy and Spain and the ... |
![]() | The pro-bailout New Democracy party came in first Sunday in Greece's national election, and its leader has proposed forming a pro-euro coalition government. ... |
| Antonis Samaras, leader of the winning centre-right New Democracy party, faces an uphill task to put together a viable government ... |
| A slim victory for the main conservative party in an election in Greece should relax fears that a country will stop using the euro for the first time and possibly unleash global financial turmoil. ... |
| BERLIN (Reuters) - Germany sees Greece's election results, if confirmed, as a commitment to the reforms demanded as part of an international bailout for the indebted country, Finance Minister Wolfgang Schaeuble said on Sunday. Pro-bailout parties wer ... |
| Analysts warned that any rally could be short-lived as Greece’s difficulty forming a new government and tackling its vast economic problems sets in. ... |
| Greece voters say they want to stay in the euro but the leading party in Sunday's elections will find it no simple task to form a governing coalition ... |
| The pro-bailout New Democracy party came in first Sunday in Greece’s national election, and its leader has proposed forming a pro-euro coalition government. ... |
| BRATISLAVA (Reuters) - Giving Greece more time to deliver on its commitments on lowering debt, reforms seems to be the solution to the deeply-indebted country's problems with meeting the terms of foreign aid, Slovak Prime Minister Robert Fico said on ... |
| Greek election victor Samaras believes he can form a coalition. ... |
| The euro struggled to extend its initial gains Monday as concerns started building about the coming days of negotiations in Athens, but relief over the favorable outcome of the Greek elections pushed higher yielding currencies such as the Australian ... |
| CHICAGO (Reuters) - The White House said on Sunday it hoped the Greek election outcome would lead to swift formation of a new government that will make "timely progress" on economic challenges, and also reaffirmed the U.S. position that Greece should ... |
| Spanish markets failed to benefit from any improved sentiment generated by a victory for pro-bailout parties in Greece Monday as its stock markets fell and its borrowing costs increased to dangerously high levels. ... |
| Early results from Greece's elections on Sunday showed pro-bailout parties are on course to win a slim majority, which may give markets some respite, but any coalition's majority looks set to be narrow and may lack the stability needed to push throug ... |
| Asian stock markets climbed Monday after elections in Greece eased fears of global financial turmoil, but analysts warned that the economic crisis shaking the 17 nations in the euro common currency was far from over. ... |
![]() | The leader of Greece's center-right, pro-bailout New Democracy party claimed "a victory for all Europe" after a first-place showing in Sunday's parliamentary elections, promising that unpopular austerity measures "will bring the country back to prosp ... |
| Greece's pro-European New Democracy party finished first in critical parliamentary elections Sunday, making a strong enough showing to form a coalition government and to reassure European partners that Greece will continue repaying its debts. ... |
| Europe is still in big trouble — despite an election result in Greece that lessens the likelihood of an imminent disaster. ... |
![]() | WELLINGTON (Reuters) - The euro briefly rose after Greek election results showed parties committed to its debt bailout plan were on course to secure a slim parliamentary majority, keeping the debt-indebted country in the euro zone. The euro rose to ... |
| THE pro-austerity New Democracy party begins battle to form next Greek government ... |
| MoneyWatch Week Ahead: With Greek election results in, investors anticipate that the Fed will announce new measures to boost the economy ... |
| In Greek elections Sunday, pro-bailout parties won enough seats to form a joint government ... |
| The euro strengthened as official projections showed Greece’s two largest pro-bailout parties winning enough seats to forge a parliamentary majority, easing concern the country would be forced from the currency bloc. ... |
| The pro-bailout New Democracy party came in first Sunday in Greece's national election and could gather enough support to form a pro-bailout coalition to keep the country in the eurozone. ... |
| New Democracy party comes in first in election, could gather enough support to form coalition to keep Greece in eurozone ... |
| The euro strengthened while U.S. and Asian equity futures rose as projections showed politicians that support Greece’s bailout won enough seats to control Parliament, easing concern the currency bloc would lose one of its 17 members. Oil rallied. ... |
| Greek President Karolas Papoulias will ask the leader of the center-right New Democracy party Monday to try to hammer out a coalition. ... |
| Official projections showed the conservative New Democracy party coming in first, giving it the chance to form a coalition in support of the existing deal with European lenders. ... |
| U.S. stock futures rose, following a two-week gain in equities, as concern over Greece exiting the euro eased after official projections showed that the largest pro-bailout parties won enough seats to form a coalition. ... |
| Japan stocks rose, with the Nikkei 225 Stock Average rising the most since April, as official projections showed parties supporting Greece’s bailout won enough seats to control parliament, easing concern the euro currency bloc would lose one of its 1 ... |
| Greece is expected to continue receiving the international aid it needs to stay afloat, but problems in Spain, Italy and the rest of Europe still need to be addressed. ... |
![]() | Updated exit polls predict that Greece's New Democracy party will come in first and could gather enough support to form a pro-bailout coalition to keep Greece in the eurozone. ... |
| Greek election winner Antonis Samaras begins his second bid in six weeks to form a coalition as euro-area finance chiefs pressured him to form a government that would keep bailout aid flowing. ... |
| Greece is expected to continue receiving the international aid it needs to stay afloat, but problems in Spain, Italy and the rest of Europe still need to be addressed. ... |
| Syriza, the anti-bailout party, places second and vows to fight the austerity measures demanded by the EU and the IMF ... |
| The Australian and New Zealand dollars rose as prospects Greece’s largest pro-bailout parties won enough seats to forge a parliamentary majority eased concern that the nation will leave the euro. ... |
| Greek voters narrowly favored a pro-Europe party in Parliamentary elections on Sunday, a result that is likely to calm world markets and ease fears that the country will leave the euro zone, Rachel Donadio reports. Follow the political and market rea ... |
| Parties committed to Greece's bailout were on course to secure a parliamentary majority today and the radical leftists who had vied for first place conceded defeat in an election that could keep the debt-laden country in the euro zone. ... |
![]() | A slim victory for pro-Europe parties Sunday in an election in Greece should relax fears that a country will leave the euro for the first time and unleash global financial turmoil. ... |
| Based on initial results, the New Democracy party will be asked to form a government with the socialist Pasok likely part of a coalition ... |
| South Korea’s won rose to a one- month high and government bonds declined as official projections showed that politicians who support Greece’s bailout won enough seats in an election yesterday to form a new government. ... |
| Based on initial results, the New Democracy party will be asked to form a government with the socialist Pasok likely part of a coalition ... |
| Germany's finance minister greeted the conservative New Democracy party's projected win in Greek elections Sunday as a decision to "forge ahead" with implementing far-reaching reforms. Germany's foreign minister said it's important for Greece to stic ... |
![]() | The fate of the euro was hanging in the balance after a rerun of the Greek elections failed to produce a strong government with a mandate to deliver the country's austerity programme. ... |
| China’s stock-index futures rose as concern over Greece exiting the euro eased after projections showed politicians that support a bailout won enough seats to control parliament. ... |
| Election returns showed that seven parties entered Greece's Parliament in Sunday's vote. Here are the main party leaders: ... |
| The euro and Asian stocks shot up early Monday in the first market responses to results of Greek elections that made the country's exit from the euro zone less likely. ... |
| Asian markets rally after voters in Greece back the New Democracy party in elections on Sunday. ... |
![]() | Voters in Greece gave investors in the United States the results they were hoping for Sunday, although European financial trouble will continue to weigh on the markets. ... |
| The Greek people have voted to remain in the euro, New Democracy leader Antonis Samaras has declared after his party was projected to win the election. ... |
| Exit polls put the center-right New Democracy party slightly ahead of leftist Syriza in Greek parliamentary elections that could decide whether the country stays in the euro zone. The second wave of exit polls, which includes late voters, have New De ... |
| ATHENS (Reuters) - The leader of Greece's ultra-right Golden Dawn party savored unexpected success in Sunday's election by taunting journalists and defiantly appearing on camera alongside a party official who went on the run for assaulting a leftist ... |
| After a close race, in the second election in six weeks, the anti-bailout Syriza party was edged into second place. ... |
| Pro-Bailout Conservatives Win Greek Election ... |
| Germany welcomed the conservative New Democracy party's win in Greek elections Sunday, which the finance minister described as a decision to "forge ahead" with implementing far-reaching reforms that Berlin has championed. ... |
| Germany welcomed the conservative New Democracy party's win in Greek elections Sunday, which the finance minister described as a decision to "forge ahead" with implementing far-reaching reforms that Berlin has championed. ... |
![]() | An extreme right party that campaigned to rid Greece of illegal immigrants largely held its bloc of seats in parliamentary elections Sunday, retaining support after a party official slapped a female politician and threw a glass of water on another o ... |
| Projected winner of Greek vote calls for pro-euro coalition govt to be formed. ... |
| The various, and rampant, doomsday scenarios laid out before you during the past few weeks appear to have been averted. ... |
| ERFURT, Germany -- Greek voters Sunday bought Europe’s leaders a little more time in their two-year, unsuccessful struggle to contain an ever-widening financial crisis. ... |
| Parties supporting Greek membership in the euro have enough votes to form a coalition, polls show ... |
![]() | The two top contenders in an election crucial for Greece, Europe and the world were in a dead heat Sunday, exit polls showed, with Greek voters apparently polarized over the harsh austerity measures demanded by international bailouts. ... |
| Germany's finance minister greeted the conservative New Democracy party's projected win in Greek elections Sunday as a decision to "forge ahead" with implementing far-reaching reforms. ... |
| An extreme right party that campaigned to rid Greece of illegal immigrants largely held its bloc of seats in parliamentary elections Sunday, retaining support after a party official slapped a fe... ... |
| Greek, French and Egyptian voters went to the polls today. In what was supposed to be a turning point for Egyptian democracy, voters turned out in small numbers to cast their ballots for the Muslim or establishment candidate. They well understood the ... |
| Polls are open in Greece for an election that could decide the future of the debt-laden country in the 17-nation eurozone. The main contenders - the New Democracy conservatives and the Syriza leftist radicals - have pledged to form a government that ... |
| ATHENS (Reuters) - Greek voters were in sour mood on Sunday, torn between anger at the budget cuts their leaders agreed in return for an international bailout, and fear of the consequences of ripping up that deal. Voters balked at what they called an ... |
| Projected winner of Greek vote calls for pro-euro coalition govt to be formed. ... |
| Greek voters were forced to pick between a party that will support painful austerity cuts in return for international aid and another that would reject them and potentially force the country out of the eurozone. ... |
![]() | There is no need to rush out to buy gold or stuff the family savings in a mattress when Greek voters go to the polls Sunday, expert said. Voters will be deciding whether to keep living under tough budget-tightening policies — or to chuck the bailout ... |
| ZURICH (Reuters) - Swiss voters looked to have rejected on Sunday a bid to force all international treaties to be put to popular referendum, which opponents argued could have hampered foreign policy and caused legal uncertainty. The vote was called b ... |
![]() | ATHENS (Reuters) - Voting opened on Sunday in a Greek election that could decide whether the 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 electi ... |
| Greek voters will cast ballots Sunday in the second parliamentary election in the past six weeks. Observers worldwide will be watching the poll which is seen as a referendum on the euro currency. Greek soup kitchens reflect the growing poverty in th ... |


















































