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MP`s of the Syriza party congratulate Greek Prime Minister Alexis Tsipras (L) after the confidence vote at the parliament in Athens, Greece, October 07, 2015. Photo by EPA/BGNES
Greece’s new Syriza-led government won a vote of confidence early on Thursday.
Prime Minister Alexis Tsipras' government was backed by 155 MPs from the left-wing Syriza party and its coalition partner, right-wing nationalist formation Independent Greeks (ANEL), in Greece’s 300-seat parliament, according to reports of The Wall Street Journal.
Tsipras said that he would seek to conclude conclude the recapitalisation of the banks by the end of the year and begin talks on debt restructuring.
In July, Greece agreed to implement the third bailout program agreed with European Union and International Monetary Fund lenders in August.
Under the EUR 86 B bailout program, the country has to introduce tax hikes and public spending cuts and privatize state-owned companies.
The first set of reforms needs to be implemented by October 15, in order to unlock EUR 3 B in bailout aid.
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The foundation of the leftist movement in Greece is the SYNASPISMOS coalition, which was established in 1991. SYNASPISMOS was also one of the founders of the Party of the European Left (PEL) in Rome in 2004
With a voter turnout of over 60 percent, the center-right "New Democracy" took nearly 41 percent of the Greek vote
"Next year, by this time, Bulgaria will be able to supply liquefied natural gas from the US, Qatar, Cyprus, Egypt, Azerbaijan.
The reason - there is information that Turkey is doing drilling for natural gas exploration near Cyprus, reported NOVA TV.
Bulgaria’s Premier Boyko Borissov and his Greek counterpart Alexis Tsipras turned the first sod of the gas interconnector Komotini-Stara Zagora.
VAT on food in Greece will be reduced from 24% to 13%, Prime Minister Alexis Tsipras said.
Across the United States, a groundswell of student protests in solidarity with Palestinians is gaining momentum, sparking both cancellations of classes and clashes with authorities on campuses nationwide
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025
The International Finance Corporation (IFC), a financial division of the World Bank, intends to invest 1.9 billion USD in projects in Ukraine over the next 18 months
Russian Foreign Minister Sergey Lavrov has issued a stark warning, stating that the West is on the brink of a direct military clash between nuclear powers, with potentially catastrophic consequences
The head of Israeli military intelligence, Aharon Haliva, has tendered his resignation following the failures surrounding the unprecedented attack by Hamas on October 7th last year
In a recent interview with "Fakt", Polish President Andrzej Duda made a significant statement, expressing Poland's readiness to permit NATO allies to deploy nuclear weapons on its territory
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