Tensions are extremely high ahead of a vote that could shape the future of a country and a currency. In an election with wide implications, the Greek people are holding parliamentary elections are really a proxy battle on the international austerity packages the country is being pushed to take by other international governments. This is actually the second round — a prior May 6 vote effectively created a stalemate due to the rise of the once-obscure Syriza party, which promises to cancel all austerity deals if elected. Above is a clip that explains exactly what’s at stake — the possible break-up of the Eurozone. And below, a couple of notable things that happened so far today:
- one Pro-austerity and anti-austerity parties are running close, according to one early exit poll. The “pro-Europe” New Democracy party is ahead of Syriza, 29 percent to 27 percent.
- two There have been reports of Golden Dawn party members standing outside polling stations, looking intimidating. The Neo-Nazi party had a relatively strong showing in the last election.
- three Two hand grenades were thrown near the headquarters of a Greek television station, Skai. They did not explode. The media group has heavily favored tough austerity measures. source
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10:33 // 1 year ago
Journalists in crisis-hit Greece have gone on strike to protest pay cuts, rising unemployment, and to press for the signing of new collective wage contracts.
The 24-hour strike stopped all TV and radio news broadcasts Monday, while most internet news portals were not updating their content. No newspapers will be published Tuesday.
Could you imagine if the news just … stopped one day? Not just one newspaper — but nearly all of them? Pretty crazy. Best of luck to the journalists who put themselves on the line today.
10:54 // 1 year ago
Greece headed towards more elections after coalition talks fail
- cause The Greek elections earlier this month, which were watched closely as a sign of how the public felt about austerity measures, were split very heavily, with once-obscure parties taking big chunks of the vote from established parties.
- effect With these new parties insisting that a coalition government repeal the unpopular austerity measures, it was tough to find common ground, and as a result, none of the parties could manage to form a coalition government.
- result “We are going again towards elections, in a few days, under very bad conditions,” Pasok leader Evangelos Venizelos said after a meeting on Wednesday. If Greece can’t form a government, it will likely run out of money by July. source
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10:50 // 1 year ago