Divisions of yesteryear
The mandate delivered by the people of Greece on May 21 was, among other things, a scathing condemnation of hostile politics and divisive rhetoric.
PASOK emerges as the real big winner
One of the most muted elections since the restoration of democracy ended with a very loud bang on Sunday, with incumbent New Democracy winning a clear mandate for another four-year term.
New election ahead after leaders fail to form coalition
Greece is heading toward a new general election, two days after Prime Minister Kyriakos Mitsotakis’ center-right New Democracy party won a victory in a national vote but failed to clinch a majority in parliament.
The two challenges ahead
Everyone, it turns out, was surprised by Sunday’s election result. Even the most optimistic New Democracy supporters could not have expected such a victory for Kyriakos Mitsotakis.
Mitsotakis: victory over populism serves as lesson for liberal democracies
Prime Minister Kyriakos Mitsotakis has said his “his victory over populism in Greece” serves as a lesson “for other liberal democracies. If you deliver real change for people, people will reward you,” he told CNN’s Christiane Amanpour.
SYRIZA’s strategic defeat calls for strategic decisions
SYRIZA’s defeat at the polls on Sunday was a strategic defeat. It did not concern one person exclusively or the election campaign, nor does it point to certain organizational weaknesses. It is a combination of all three.
President summons party leaders
Greek President Katerina Sakellaropoulou has summoned the leaders of the five parties represented in the new Parliament to a meeting in the Presidential Palace at 11 a.m. Wednesday.
PASOK’s Androulakis turns down mandate to form gov’t
Nikos Androulakis, the socialist PASOK leader, has turned down the third exploratory mandate to form a government in a meeting with President Katerina Sakellaropoulou.
National Bank quarterly profit drops on lower trading income
National Bank, the country’s second-largest lender by market value, has posted a 28% drop in earnings for the first quarter on lower trading income and one-off items.
Monemvasia divided over castle town’s illumination
The illumination of the castle town of Monemvasia, southern Greece has divided locals, with some saying the project will highlight the landscape and monuments, while others insist it will alter the area’s character and increase its touristification.