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    Juncker warns Greece not to quit euro zone: paper

    Sat, 06/16/2012 - 04:55 EDT - Yahoo! Business News
    • YahooBizNews

    VIENNA (Reuters) - Eurogroup head Jean-Claude Juncker warned Greeks not to turn their backs on the euro, saying in a newspaper interview that a win by anti-bailout radical leftists in a vote on Sunday would have "unforeseeable" consequences for the monetary union. The radical leftist SYRIZA party is racing neck-and-neck with the conservative New Democracy party ahead of the election, which could decide if Greece stays in the euro zone and spread turmoil across global financial markets. SYRIZA leader Alexis Tsipras is threatening to tear up the punishing terms of the 130 billion euro ($164. ...

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    Related

    • Juncker warns Greece not to quit euro zone: paper

      VIENNA (Reuters) - Eurogroup head Jean-Claude Juncker warned Greeks not to turn their backs on the euro, saying in a newspaper interview that a win by anti-bailout radical leftists in a vote on Sunday would have "unforeseeable" consequences for the monetary union.

    • Juncker warns Greece not to quit euro zone: paper

      Eurogroup head Jean-Claude Juncker warned Greeks not to turn their backs on the euro, saying in a newspaper interview that a win by anti-bailout radical leftists in a vote on Sunday would have "unforeseeable" ...

    • Europe's Most Dangerous Politicians: Angela Merkel, Francois Hollande; Jean-Claude Juncker, Jose Barroso, Mario Monti, Herman Van Rompuy

      Der Spiegel has published an inane article about Europe's 10 Most Dangerous Politicians. Top 10 List

    • Preliminary Greek Exit Polls Show Dead Heat Syriza 27-30, ND 27.5-30.5; The Youth Vote Last and Vote Left; Are the Nannycrats Afraid of Democracy?

      The question of the day, to which we all know the answer (but I want to ask the question anyway), Are the Nannycrats Afraid of Democracy? Here is a comment someone posted on the Guardian Greek Election Blog

    • Good News From Greece: Greek Unity Talks Hit Impasse; Math Lesson For New Democracy; Syriza Up to 25.5% in Latest Polls

      Under the category of good news from Greece, The Financial Times reports Greek Unity Talks Hit Impasse. Talks between Greece’s president and the leaders of the country’s three largest political parties on forming a coalition government reached an impasse on Sunday, increasing the chances that the country will hold fresh national elections in June.

    • No Deal: SYRIZA and Greece's Democratic Left Party Refuse to Join Bailout Alliance; Icing on the Cake: PASOK Will Not Join a Slim Majority; Solidarity is One-Way Street

      Odds of a lasting coalition are slim given the massive vote against the austerity coalition. Fotis Kouvelis, SYRIZA party leader and second place finisher in the elections repeated his position that cooperation with New Democracy and PASOK was not in his intentions. Moreover, Greece's Democratic Left party refuses to join any pro-bailout coalition.

    • Alexis Tsipras: 'We are the great hope for change'

    • What if Tsipras is Not Bluffing? Who Holds the Upper hand? What is Troika's Biggest Fear? Can Greece Possibly Stay in the Eurozone After Default?

      I have read countless articles over the past few week stating a belief that Syriza party leader Alexis Tsipras is bluffing in his threat to stay in the euro but default in debts. Is it remotely possible to default and stay in the eurozone? Since this is a multi-part question, let's first address the question "is this a bluff?"

    • Merkel to Approach Greece with "Growth Proposals" while Asking for Referendum on Euro; Elections Provide Yet Another Attempt to Snatch Defeat From Jaws of Victory; New Democracy Leads Latest Poll

      Greek elections are set for June 17th following the impasse of the last election where no majority government formed. The "Destroy Greece to Save the Euro" clowns led by German Chancellor Angela Merkel are out in force hoping to turn the vote into a direct referendum on the Euro. The election is of course a direct referendum on the Euro, but Greek citizens are under three Fantasyland ideas. Three Fantasyland Ideas

    • Greeks Rail Against "Crude" German Editorial; Merkel Ally Tells Greece "Vote right or Euro's Gone"; Initial Estimates 2:30 ET Sunday

      In the past week, as I expected, the ECB, Troika, German officials and others have all warned Greeks to not vote for Alexis Tsipras and his radical-left party Syriza. The question is will it backfire. I suggest it already has. The pertinent question is whether it backfire enough to matter. Please consider Greeks rail against 'crude' German editorial.

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