Raw Video: 'Greece Has a Government'

June 20, 2012 from Telegraph.co.uk

Evangelos Venizelos, leader of the socialist PASOK party, confirms that Greek political parties have agreed to form a coalition government that will seek to keep Greece in the euro, led by the conservative New Democracy party. However, he also stated the new government's intention to attempt to renegotiate the terms of the country's bailout agreement with the rest of Europe and the IMF.

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Greek general election, 2012

A legislative election was held on Sunday 6 May 2012 in Greece, to elect all 300 members to the Hellenic Parliament. Under the constitution, it was due to be held in late 2013, four years after the previous election; however, an early election was agreed under the November 201... Explore this topic

Greece

Greece, officially the Hellenic Republic, is a country in Southeast Europe. According to the 2011 census, Greece's population is around 11 million. Athens is the nation's capital and largest city, its urban area also including Piraeus. Greece is strategically located at the cr... Explore this topic

Greek government-debt crisis

The Greek government-debt crisis is one of a number of current European sovereign-debt crises and is believed to have been caused by a combination of structural weaknesses of the Greek economy coupled with the incomplete economic, tax and banking unification of the European Mo... Explore this topic

Evangelos Venizelos

Evangelos Venizelos is a Greek politician, a former Deputy Prime Minister and Minister for Finance of Greece from 17 June 2011 to 21 March 2012. He is a member of the Hellenic Parliament for the Panhellenic Socialist Movement for the first electoral district of Thessaloniki. H... Explore this topic

PASOK

The Panhellenic Socialist Movement, known mostly by its acronym PA.SO.K., is a centre-left party. It was founded on 3 September 1974 by Andreas Papandreou. In 1981 the PA.SO.K. became Greece's first social democratic party to win a majority in the Hellenic Parliament. It is a ... Explore this topic

New Democracy

Нова демокрация е дясноцентристка либералноконсервативна политическа партия в Гърция. Партията е основана на 4 октомври 1974 г. от Константинос Г. Караманлис. В учредителният си манифест Караманлис определя идеологическата ориентация на партията като "радикален либерализъм, ос... Explore this topic

Coalition government

A coalition government is a cabinet of a parliamentary government in which several political parties cooperate, reducing the dominance of any one party within that coalition. The usual reason given for this arrangement is that no party on its own can achieve a majority in the ... Explore this topic

Democratic Left (Greece)

Democratic Left is a democratic socialist and social-democratic political party in Greece. Explore this topic

European sovereign debt crisis

The European sovereign debt crisis is an ongoing financial crisis that has made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. In 1992, members of the European Union signed th... Explore this topic

Bailout

A bailout is a colloquial pejorative term for giving a loan to a company or country which faces serious financial difficulty or bankruptcy. It may also be used to allow a failing entity to fail gracefully without spreading contagion. The term is maritime in origin being the ac... Explore this topic

Also See

Greek general election, 2012

Greece

Greek government-debt crisis

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