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Karolos Papoulias

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  • Greek government in peril as parliament fails to elect new president

    Greece’s embattled government failed Wednesday in its first of three attempts to elect a new president, raising the specter of snap elections and the rise of Europe’s first anti-austerity party.
  • 'Grexit': Are Greece's euro fears causing a $1-billion bank run?

    'Grexit': Are Greece's euro fears causing a $1-billion bank run?
    Greek officials were busy today cobbling together an emergency plan after talks to form a coalition government disintegrated Tuesday. In the meantime, Greeks have withdrawn $900 million from local banks. So said President Karolos Papoulias, according...

    Greeks in deal on new government in bid to save bailout, euro

     
    Greece’s ruling Socialists and opposition conservatives agreed to form a unity government Sunday after a week of political turmoil that threatened to push the country into bankruptcy and out of Europe’s single currency. Embattled Greek Prime...

    Greek Socialist leader says coalition talks making headway

     
    The four-day struggle of Greek politicians to stitch together a coalition government gained sudden momentum Thursday as concerned creditors began to reduce the flow of rescue loans that keep this cash-strapped country afloat.

    A third Greek leader tries to put together a government

     
    Socialist leader Evangelos Venizelos takes his turn Thursday in trying to form a government in Greece after two other bids before him failed. Failure by Venizelos would mean that another election is likely.