European stocks drop as Greece’s ASE tumbles after vote results

Series Title
Series Details 30.12.14
Publication Date 30/12/2014
Content Type

Previews and reports of the third round of voting on the 29 December 2014 in the Greek Parliament to elect a new President of Greece.

The Greek Prime Minister Antonis Samaras was forced to announce an early general election for the 25 January 2015 after the Greek parliament rejected his candidate for president on the third round of voting on the 29 December 2014, throwing the country's international bailout from the IMF and EU into doubt.

In a statement on the 29 December 2014 Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation and Customs, said 'A strong commitment to Europe and broad support among the Greek voters and political leaders for the necessary growth-friendly reform process will be essential for Greece to thrive again within the euro area'.

On the 30 December 2014 Mr Samaras said that the result of the election would determine whether the country remained in the eurozone.

Deutsche Welle reported the IMF saying on the 30 December 2014 that it would not finish Greece's latest bailout review until a new government was formed. Authorities said the temporary suspending of aid would not hurt the economy.

Source Link http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_29/12/2014_545776
Related Links
ESO: Background information: Greek parliament vote in balance after Samaras election offer http://www.europeansources.info/record/greek-parliament-vote-in-balance-after-samaras-election-offer/
ESO: Background information: Presidential Election in Greece, December 2014 http://www.europeansources.info/record/presidential-election-in-greece-december-2014/
Kathimerini, 30.12.14: More turbulence ahead [Commentary] http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_30/12/2014_545794
Kathimerini, 30.12.14: Top priority [Editorial] http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_30/12/2014_545793
EurActiv, 29.12.14: Greece heads to election after Parliament refuses to approve new president http://www.euractiv.com/sections/elections/greece-heads-election-after-parliament-refuses-approve-new-president-311001
Kathimerini, 30.12.14: Elections will not produce clear winner, says Venizelos http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_30/12/2014_545837
EUObserver, 29.12.14: Greece set for snap elections, far-left tops polls http://euobserver.com/political/127059
EUObserver, 30.12.14: Germany warns Greece to stick to reforms after elections http://euobserver.com/economic/127061
BBC News, 30.12.14: Greece crisis: Germany's Schaeuble warns over reform http://www.bbc.co.uk/news/world-europe-30629269
BBC News, 30.12.14: Greece sent back to brink of crisis as polls loom http://www.bbc.co.uk/news/world-europe-30631025
Deutsche Welle, 30.12.14: Samaras: Election to determine 'whether Greece stays in Europe' http://dw.de/p/1EDAe
ESO: Key source: The Greek Debt Crisis http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/
ESO: Background information: Greek Parliament passes 2015 budget as leaders clash http://www.europeansources.info/record/greek-parliament-passes-2015-budget-as-leaders-clash/
European Commission: DG Communication: RAPID: STATEMENT/14/2900: Statement by Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs, following the Greek parliament vote on the presidential candidate http://europa.eu/rapid/press-release_STATEMENT-14-2900_en.htm
Deutsche Welle, 30.12.14: IMF suspends aid to Greece until snap election is completed http://dw.de/p/1EC5A
Euronews, 30.12.14: Greek PM dissolves parliament ahead of snap elections http://www.euronews.com/2014/12/30/greek-pm-dissolves-parliament-ahead-of-snap-elections/
France24, 29.12.14: Anti-austerity camp scents blood as Greeks face snap poll http://www.france24.com/en/20141228-syriza-greece-snap-election-tsipras-samaras-eu-imf-bailout-austerity/
The Conversation, 31.12.14: Syriza surges ahead of January election as Greek voters reject austerity http://theconversation.com/syriza-surges-ahead-of-january-election-as-greek-voters-reject-austerity-35829
Kathimerini, 01.01.14: Confusion before the ballot box [Comment] http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_01/01/2015_545862
The Conversation, 30.12.14: January poll puts Syriza in driving seat – and Greece on course for economic turmoil https://theconversation.com/january-poll-puts-syriza-in-driving-seat-and-greece-on-course-for-economic-turmoil-35824
The Conversation, 14.01.15: Markets threaten Greek democracy ahead of election https://theconversation.com/markets-threaten-greek-democracy-ahead-of-election-36034

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