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Syriza Gets Right-Wing Party΄s Backing for Coalition Government Greeces right-wing party Independent Greeks will team up with leftists Syriza to form a new Greek government, party leader Pamos Kammenos said. After meeting with Tsipras, Mr. Kammenos said his party will participate in the new government.

Greek Markets Take a Hit

Greek markets took a hit after Greeces voters handed power to anti-austerity party Syriza in Sundays election, but a dip in the euro proved fleeting, and stocks across Europe broadly shrugged off the news.

Coeure: ECB cannot agree to debt relief for Greece

ECB board member Benoit Coeure said in a newspaper interview published on Monday that the European Central Bank would not take part in any debt cut for Greece.
GREECE

Syriza Victory in Greek Election Roils European Debate Over Austerity

Syriza Victory in Greek Election Roils European Debate Over AusterityFor five years, Europes common-currency bloc has squabbled over whether the solution to its economic crisis lies in slimming the state and deregulating markets, or in more expansionary fiscal and monetary policies.
ECONOMY

Weidmann: Its in interests of Greek government to do reforms

Weidmann: It΄s in interests of Greek government to do reformsBundesbank President Jens Weidmann said on Sunday Greece would continue to need aid and would only get this by sticking to its agreements, adding that he hoped the new government would not make promises the country could not afford.
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Syrizas Challenge: an Empty Treasury

The clock is ticking for Syriza to strike a deal with creditors to keep Greece solvent and in the euro.

Bundesbanks Weidmann Didnt Back ECBs Bond-Buying Program

ccording to excerpts of a newspaper interview to be published Sunday.

Leftists Sweep to Power in Greece -- 5th Update

Greek voters handed power to a radical leftist party in national elections.

UKs Cameron Says Greek Election Will Increase Uncertainty

A message from U.K. Prime Minister David Camerons usual Twitter account said.

Greek Election Likely to Have Muted Effect on Markets

The broader effects will be cushioned both by Greeces isolation from the euro-zone financial system.

Spanish Government Says Syriza is Greek Phenomenon

A top Spanish government official Monday rejected comparisons between Greeces Syriza.

Tsipras calls for clear and powerful vote

He said at a campaign speech in the northern Peloponnese city of Patras on Wednesday.

BoG: International arrivals expanded by 22.7%

Travel receipts from US tourists grew 15.5 percent.
ECONOMY
ECB to begin buying Greek state bonds from July‏

ECB to begin buying Greek state bonds from July‏

The European Central Bank could begin buying Greek state bonds from July, after Greece repays maturing bonds currently held by ECB, Mario Draghi told reporters. Bankers said that the July timetable was set by the ECB because the central bank currently holds a heavy portfolio in Greek state bonds.
ECONOMY
Greek 2014 central government budget deficit dropped

Greek 2014 central government budget deficit dropped

Greek 2014 central government budget deficit dropped to EUR3.64bn from EUR5.44bn in 2013, missing, however, target deficit of EUR765m set out in 2015 budget.
ECONOMY
Moody΄s: Risk of Greek exit credit negative for euro member states

Moodys: Risk of Greek exit credit negative for euro member states

The recent political turmoil in Greece and early Greek elections have increased the risk of a Greek exit from the euro area. However the likelihood of a Greek exit remains relatively unlikely".

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