InfoAnda - Greek PM calls snap election, takes risky gamble

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Preparations for Asian Youth Games on track despite financial crisis | 28 November 2008
WikiLeaks' Assange appeals against extradition | 25 February 2011
China confirms Iran invite | 4 January 2011

French Socialists vote in leadership runoff | 21 November 2008

Forum Views () Forum Replies ()

Read more with google mobile : Greek PM calls snap election, takes risky gamble | International |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Greek PM calls snap election, takes risky gamble Thu Sep 3, 2009 10:12am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Renee Maltezou ATHENS (Reuters) - Greek Prime Minister Costas Karamanlis launched a difficult election campaign on Thursday after calling an early parliamentary vote for October 4 to seek a new mandate and deal with a sharp economic crisis. The Greek bourse's benchmark stock index was down nearly 4 percent in early afternoon trading, one of the biggest losses in Europe, in what analysts said was fear of political uncertainty and concern that no party would win outright. Elections were not due before 2011 but the opposition Socialists would have forced an early vote in March, pushing Karamanlis to take a risky gamble and pick a date although his conservative New Democracy party lags behind PASOK in polls. "My act is an act of responsibility, I didn't have the right to let the country be dragged for months in a pre-election atmosphere," Karamanlis said in a televised speech. He asked President Karolos Papoulias to dissolve parliament as of Monday and declare elections for Oct 4. Fading support for the government, dragged down by discontent with a sharp economic slowdown, scandals and Greece's worst riots in decades, was hit even more from criticism of its response to forest fires near Athens last month. "I failed, but vote for me again!," left-leaning daily Ta Nea said in its front page headline. Attacks such as a car bomb which exploded outside the Athens stock exchange on Wednesday, which police suspect was staged by a leftist or anarchist group, have further hurt the government. "I'm disappointed because they didn't do most of what they had promised, I voted for New Democracy in 2004," said Iakovos Diamantopoulos, 58, a teacher. "The scandals, their economic policy, the rises in prices ... they disappointed us." RISKY BET Seen by investors as the euro zone's weakest link, Greece's economy faces this year its first recession since 1993 while its national debt is ballooning. "The stock market is falling because the investors are afraid of the possibility that the winning party would not have an absolute majority," said Takis Zamanis, head dealer at Beta Securities. PASOK may not gather enough votes in this election to form a government alone. This would plunge Greece into political uncertainty as it struggles to cope with the global slowdown, which hits hard key drivers of the economy including tourism. Greece's economy returned to weak growth in the second quarter but suffered its first annual contraction in 16 years with year-on-year GDP shrinking 0.3 percent, provisional figures by the country's statistics service (NSS) showed on Thursday. "The next government must have quite a substantial majority because the economic problems will not go away," said Grace Amerley Annan, at IHS Global Insight, saying New Democracy had lost credibility by not pushing reforms through, hampered by strikes and a one-seat majority in parliament. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Catholic editor who criticized Berlusconi resigns Also On Reuters Blog: Ben Stein and the upper-middle-class parent "No Impact Man" charts U.S. couple's climate fight Commentary: Fresh thinking on the war on drugs? More International News Indonesia quake toll at 57, many homes damaged | Video Protesters demand Xinjiang leader step down Hitmen kill 17 in Mexico clinic on U.S. border Japan's Hatoyama, U.S. envoy talk shared interests Merkel's support dips, regional ally resigns More International News... Video Greek PM calls snap election Play Video More Video... More News UPDATE 2-Greek PM calls snap election, takes risky gamble 8:14am EDT Featured Broker sponsored link Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Japan's new first lady says rode UFO to Venus Pfizer whistleblower's ordeal reaps big rewards Dying Manson follower Atkins denied parole Advert criticized over "young" partial nude model Global recession ending: OECD Internet providers seek low broadband bar NASA tracks space junk headed toward space station Hitmen kill 17 in Mexico clinic on U.S. border NASA tracks space junk headed toward space station Single swine flu vaccine dose may be enough Most Popular Articles RSS Feed Video Venice film festival opens A healthy dose of humidity Hurricane Jimena slaps Mexico U.S. takes aim at childhood obesity World powers press Iran on talks Melting men show global warming Volcano stirs, may blow soon Venice festival begins Family prepares for Jackson funeral Europe dims old-style lightbulbs Most Popular Videos RSS Feed Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Journalism Handbook | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 3 September 2009
4 Iraqi security personnel to hang for bank heist
First baby born from new egg-screening technique
Google blames Gmail outage on server maintenance
Iranian commander: ex-president challenged state
BP unveils 'giant' oil discovery in Gulf of Mexico
Iran MP warns against commander as interior minister
Israel, Palestinians hold high-level economic talks
Computer algorithm to decipher ancient texts
Four sentenced to die for deadly Iraq bank robbery
Sony to launch 3D TVs next year: report
Guinea bans political debates on radio, TV | International |
Suicide attack kills 22 in Afghanistan: governor
Greek PM calls snap election, blames economic crisis | International |
U.S. voices grave concern about Sri Lanka video | International |
Countries do little to help landmine victims: report | International |
Sony to launch 3D TVs next year: report
Key U.S. broadband official: More spectrum needed | Technology |
German bright spot for electronic devices spending | Technology |
News
News
Amazon joins opposition to Google book deal | Technology |
Strong Indonesia quake kills 35, damages 1,300 homes
New US ambassador: global issues test China ties
Cate Blanchett injured during performance
Thailand's swine flu death toll rises to 119
Spy chief among 23 killed in Taliban suicide blast
Indian official's helicopter missing in rebel area
Qantas jet diverted again after midair mishap
Taiwan court convicts former first lady of perjury
Ford, Streep bring Hollywood to Deauville
World Bank chief says China stimulus should continue
News
Pakistani 10-year PIB cut-off yield at 12.50 pct
World Bank presses G-20 aid to poorest countries
Rolling Stones official denies Watts quit the band | Entertainment |
Pakistan signs $230 mln road deal with ADB
Former British PM Tony Blair headed to Late Show | Entertainment |
Daewoo puts Myanmar gas fields investment at $3 bln
Archaeologists find early Jerusalem fortifications
Diane Sawyer to replace Gibson as ABC News anchor | Entertainment |
Men far outnumber women in Qatar: census
Philippines unlikely to climb World Bank survey
Polish Catholic group wants IVF outlawed
Pakistani stocks end higher; rupee firms
Colbie Caillat, Miley Cyrus lead album chart | Entertainment |
Tornatore's 'Baaria' premieres at Venice film fest
Jon Gosselin: 'I took a lot of abuse' from Kate
China shares rise on higher manufacturing data
Indonesia quake 'leaves 33 dead'
Ford, Streep bring Hollywood to Deauville
Well-known Gypsy praises Madonna's defense of Roma
Powerful Indonesian quake kills 11; dozens injured
Erich Kunzel, Cincinnati Pops director, dies at 74
Strong earthquake strikes Indonesia's main island
Devastating suicide strikes show Taliban expansion
Twitter snags former Google exec for COO
Indonesia quake death toll at 46, likely to rise | International |
EU countries push for bank pay crackdown
Albania to Zimbabwe: the climate change risk list
Viewers hunger for Web and TV at same time: study
Bloodshed at Iranian camp tests US-Iraq transition
Japan's Hatoyama to meet U.S. envoy | International |
Swine flu vaccine to cost up to 20 dollars per dose: WHO
Hitmen kill 17 in Mexico clinic on U.S. border | International |
YouTube talks to studios on movie rentals: source
Suicide attack kills Afghan intelligence deputy: officials
World powers urge Iran to enter nuclear talks
New iPhone application tracks disease outbreaks
Iran would not discuss nuclear work with powers: TV | International |
Karzai inches closer to prospect of Afghan win
Sculptor plugs Greek classics into iPod Age
News Corp. seeks stake in Saudi media company: WSJ
British e-reader company in partnership with Google Books
Dalai Lama says ready to negotiate with China | International |
Nokia unveils new smartphones to rival iPhone
Iran opposition says 72 died in post-poll unrest | International |
Key U.S. broadband official: More spectrum needed
Tension mounts as Gabon awaits poll outcome | International |
French filmmaker Poveda killed in El Salvador | International |
Nokia unveils new smartphones to rival iPhone
Hurricane Jimena batters western Mexico | International |
U.S., Australia to ask China to exercises: report | International |
YouTube may stream movie rentals | Technology |
US Mormon missionaries expelled from Guyana
Viewers hunger for Web and TV at same time: study | Technology |
Feds didn't clear brush in wildfire area
LG to unveil new Windows smartphones | Technology |
US military deaths in Afghanistan region at 738
US diplomats say US-Japan alliance to stay strong
Japan's next first lady anything but bland
Firefighters make gains on Calif. fire
Google outage setback for business email pitch | Technology |
China to approve single-dose swine flu vaccines
New Zealand stun Sri Lanka in T20 match
Sex, scandal, yawn: Madoff books are a bust
Twitter snags former Google exec for COO | Technology |
Dozens trapped as Indonesia quake toll rises to 46
Obama envoy to resume talks in Mideast next week
Tokyo still confident after IOC evaluation
Schwarzenegger demands response to water crisis
SEC flubbed Madoff probe: watchdog
After 1 year, Pakistani president's ratings slide
FAA will modify airspace rules over Hudson River
Indonesia quake death toll at 46, likely to rise
Sexual misconduct at embassy alleged
Hong Kong's top judge to retire next year
Korea Hot Stocks
Seoul shares slip as autos decline; banks advance
S.Korean bonds rise on U.S. lead, weak shares
South Korea Q2 growth revised up, outlook frail
Seoul shares open higher as techs advance
SKorea economy grew faster than expected in Q2
China grants $600 mln to Cuba during solidarity visit
Uniqlo to open biggest store yet in Shanghai
GM China says 2009 sales expected to rise 40 pct
Whitney Houston comeback album headed to No. 1 | Entertainment |
Madonna world tour breaks her own record | Entertainment |
Indonesian quake leaves 44 dead, dozens missing
Cate Blanchett injured onstage in Streetcar | Entertainment |
Strong Indonesian quake kills 33; flattens houses
Kenny Chesney gives fans something to cheer about | Entertainment |
Circus billionaire plans show from space | Entertainment |
Friends, family gather to remember missing poet
Whitney Houston comeback album headed to No. 1
Kenny Chesney gives fans "something to cheer about"
Cate Blanchett injured on stage but the show will go on
Madonna world tour breaks her own record
Cate Blanchett gets a head wound on stage
YouTube in talks with studios about movie rentals: WSJ
Biographical details on Diane Sawyer
Sex, scandal, yawn: Madoff books are a bust
Oprah Winfrey to dedicate show to Michael Jackson
Ahmadinejad says Iran ready for more sanctions
Russia launches new search for journalist killer
LG Elec to unveil new Windows mobile phones
Final farewell as Michael Jackson laid to rest
US sees first signs of growth: Geithner
British finance minister's recession warning
Protesters demand Xinjiang leader step down | International |
Iran MPs start vote on Ahmadinejad cabinet
Iran opposition says 72 died in post-poll unrest
Pfizer agrees to record drug dispute settlement
When it comes to hurricanes, what's in a name?
Brussels rejects Berlusconi criticism in immigration row
Merkel's support dips, regional ally resigns | International |
Iran dismisses sanctions talk, to present proposals | International |
Spanish woman kills pedestrian in suicide leap
Greek PM calls snap election, takes risky gamble | International |
Catholic editor who criticized Berlusconi resigns | International |
LG Elec to unveil new Windows mobile phones
China denies U.S. reporters were seized in China | International |
Riots in Gabon as Bongo poll win disputed | International |
Indonesian maids in Malaysia to have weekly day off
Myanmar's Suu Kyi appeals against conviction: lawyer
Not enough Facebook friends? Buy them | Technology |
Bangladesh ministers ditch suits to save power
Nokia seeking developers' help in Apple rivalry | Technology |
Storm Jimena brings havoc to Mexican resorts
China stresses prevention of heavy metal pollution
2 Pakistanis arrested in Britain return home
India media: politician killed in copter crash
2 US soldiers killed in vehicle accident in Iraq
Lawyers set to lodge Suu Kyi appeal
Software mogul attacked by elephant during safari
Spacewalk still on despite approaching space junk
China rejects Kadeer call for talks on Xinjiang
Pa. lifers seeking clemency in wake of US ruling
Sprint backs Hero, the latest HTC Android phone | Technology |
Israelis meet US Mideast envoy
Myanmar's Suu Kyi to file appeal in criminal case
Japan's next PM stresses US ties
Study: Older Americans staying put in jobs longer
Iran says will not bow to nuclear deadline 'threat'
Pakistani stocks end lower; rupee weakens
Pakistani forex reserves rise to $14.31 bln
Japan stocks down on strong yen, US worries
S.Korea Sept crude runs to decline from Aug-survey
Trade ministers meet with 2010 Doha deal in sights
Seoul shares flat after volatile trade; autos fall =2
China shares up 5 percent on strong lending news
Taiwan says it won't censor China propaganda film
UK finance minister's warning ahead of G20
An overview of deadly Indonesian earthquakes
Star-filled mausoleum awaits Michael Jackson
Austrian Wehrmacht deserters campaign for justice
Philippines' San Miguel: bln dlr power investment
Fathi meets Yiannis, the man he 'killed' in Cyprus
China to seek more private investment: state media
Nepal's 'living goddess' adjusts to modern life
Venice opens with sentimental Sicily drama | Entertainment |
Movie remake for McCarthy's bleak novel The Road | Entertainment |
Muslims can see Black Eyed Peas, Malaysia says | Entertainment |
LA County lawmaker critical of lack of TV coverage
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01