2015 Greek Bailout Referendum
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2015 Greek Bailout Referendum
A referendum to decide whether Greece should accept the bailout conditions in the country's government-debt crisis proposed jointly by the European Commission (EC), the International Monetary Fund (IMF) and the European Central Bank (ECB) on 25 June 2015 took place on 5 July 2015. The referendum was announced by Prime Minister Alexis Tsipras in the early morning of 27 June 2015 and ratified the following day by the Parliament and the President. It was the first referendum to be held since the republic referendum of 1974 and the only one in modern Greek history not to concern the form of government. As a result of the referendum, the bailout conditions were rejected by a majority of over 61% to 39%, with the "No" vote winning in all of Greece's regions. The referendum results also forced the immediate resignation of New Democracy leader Antonis Samaras as party president because of the perceived negative result of the "Yes" choice, to which the conservative party and Samaras ha ...
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First Cabinet Of Alexis Tsipras
Following his victory in legislative elections held on 25 January 2015, the newly elected Prime Minister Alexis Tsipras appointed a new cabinet to succeed the cabinet of Antonis Samaras, his predecessor. A significant reshuffle took place on 17 July 2015. Tsipras resigned as Prime Minister on 20 August 2015, and after opposition parties failed to form their own government, on 27 August Vassiliki Thanou-Christophilou was appointed as an interim Prime Minister, and her caretaker cabinet was sworn in on 28 August. Following the subsequent September legislative election, Tsipras was re-appointed as Prime Minister on 21 September and appointed a second cabinet that was sworn in on 23 September. Composition of the cabinet The cabinet is composed of 35 members, alongside 6 deputy ministers. Including the deputy ministers the cabinet comprises 6 females and 35 males. It reflects the majority coalition in Parliament. It is composed of the winning Coalition of the Radical Left (SYRIZA ...
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Antonis Samaras
Antonis Samaras ( el, Αντώνης Σαμαράς, ; born 23 May 1951) is a Greek politician who served as 14th Prime Minister of Greece from 2012 to 2015. A member of the New Democracy party, he was its president from 2009 until 2015. Samaras started his national political career as Minister of Finance in 1989; he served as Minister of Foreign Affairs from 1989 to 1992 (with a brief interruption in 1990) and Minister of Culture in 2009. Samaras was previously best known for a 1993 controversy in which he effectively caused the New Democracy government, of which he was a member, to fall from power. In spite of this, he rejoined the party in 2004 and was elected to its leadership in a closely fought intra-party election in late 2009. He was the seventh party leader since it was founded in 1974. Early life and education Born in Athens, Samaras is the son of Doctor Konstantinos Samaras (a Professor of Cardiology) and Lena (née Zannas, a maternal granddaughter of author Penel ...
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Evangelos Venizelos
Evangelos Venizelos (, ; born 1 January 1957) is a Greek academic and politician who was Deputy Prime Minister of Greece and Minister for Foreign Affairs from 25 June 2013 to 27 January 2015. Previously, he was Deputy Prime Minister and Minister for Finance of Greece from 17 June 2011 to 21 March 2012. He was a member of the Hellenic Parliament for the Panhellenic Socialist Movement (PASOK) for the first electoral district of Thessaloniki. He is a Professor of Constitutional Law at the Law School of the Aristotle University of Thessaloniki. On 18 March 2012, Venizelos was elected unopposed to replace George Papandreou as PASOK president and led the party in the May 2012 general election as well as the June 2012 general election. Early life and education Evangelos Venizelos was born in Thessaloniki on 1 January 1957. He is unrelated to his famous namesake, Eleftherios Venizelos. He is married to Lila A. Bakatselou and has a daughter. He was an undergraduate at the Aristotle Univ ...
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Eurogroup
The Eurogroup is the recognised collective term for the informal meetings of the finance ministers of the eurozone—those member states of the European Union (EU) which have adopted the euro as their official currency. The group has 19 members. It exercises political control over the currency and related aspects of the EU's monetary union such as the Stability and Growth Pact. The current President of the Eurogroup is Paschal Donohoe, the Minister for Finance of Ireland. The ministers meet ''in camera'' a day before a meeting of the Economic and Financial Affairs Council (ECOFIN) of the Council of the European Union. They communicate their decisions via press and document releases. The group is related to the Council of the European Union (only Eurogroup member states vote on issues relating to the euro in the ECOFIN) and was formalised under the Treaty of Lisbon. History The Eurogroup, formerly known as the ''Euro-X'' and ''Euro-XI'' in relation to the number of states adop ...
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Juncker Commission
The Juncker Commission was the European Commission in office from 1 November 2014 to 30 November 2019. Its president was Jean-Claude Juncker, who presided over 27 other commissioners (one from each of the states composing the European Union, except Luxembourg, which is Juncker's state). In July 2014, Juncker was officially elected to succeed José Manuel Barroso, who completed his second five-year term in that year. Election In the 2014 parliamentary election, Juncker campaigned as the candidate of the European People's Party (EPP) for the presidency of the European Commission. The EPP won a plurality in parliament, and on 27 June, the European Council nominated him for the post. Later on 15 July 2014, the European Parliament elected Juncker as the new Commission president. On 22 October, the European Parliament approved the Juncker Commission in its entirety and during the 23–24 October 2014 meeting of the European Council the Council formally appointed the new Commission. ...
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Greece 2015 Referendum Ballot
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring thousands of islands. The country consists of nine traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western civilization, being the birthplace of democracy, Western philosophy, Western literature, historiography, political science, major scientific and mathematical principles, theat ...
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Golden Dawn (political Party)
The Popular Association – Golden Dawn ( el, Λαϊκός Σύνδεσμος – Χρυσή Αυγή, translit=Laïkós Sýndesmos – Chrysí Avgí), usually shortened to Golden Dawn ( el, Χρυσή Αυγή, translit=Chrysí Avgí, ), is a far-right Neo-fascism, neo-fascist and Ultranationalism, ultranationalist criminal organization in Greece. Golden Dawn rose to prominence during Greek government-debt crisis, Greece's financial crisis of 2009, becoming the third most popular party in the Greek parliament in the January 2015 Greek legislative election, January 2015 election. Its support has since plunged, and it failed to enter parliament in the 2019 election. The criminal trial against the leaders, frequently described as the largest Nazi trial since Nuremberg trials, Nuremberg, lasted more than five years. Nikolaos Michaloliakos began the foundations of what would become Golden Dawn in 1980, when he published the first issue of the right-wing, pro-military junta journa ...
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Independent Greeks
The Independent Greeks - National Patriotic Alliance ( el, Ανεξάρτητοι Έλληνες (ΑΝΕΛ), ''Anexartitoi Ellines'', ANEL) is a national-conservative political party in Greece. The party was the junior coalition partner to the Coalition of the Radical Left (Syriza) in the first and second Tsipras governments, from January 2015 until the June 2019 parliamentary election, in which the party did not participate. History The party was created on 24 February 2012 by Panos Kammenos, a former Member of Parliament (MP) for the conservative party New Democracy (ND). Kammenos had been expelled from the New Democracy parliamentary group after voting against Lucas Papademos' coalition government in a vote of confidence. The party's founding declaration was issued on 11 March 2012. Ten former ND deputies were founding members of the party, namely Elena Kountoura, Christos Zois, , , Spyros Galinos, , Maria Kollia-Tsaroucha, Panagiotis Melas and On 17 April 2012, the smal ...
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Pension
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans' ...
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September 2015 Greek Legislative Election
Legislative elections were held in Greece on Sunday, 20 September 2015, following Prime Minister of Greece, Prime Minister Alexis Tsipras' announced resignation on 20 August. At stake were all 300 seats in the Hellenic Parliament. This was a snap election, the sixth since 2007, since new elections were not due until February 2019. The elections resulted in an unexpectedly-large victory for Alexis Tsipras' Coalition of the Radical Left (SYRIZA), which fell just six seats short of an absolute majority and was able to reform its Second Cabinet of Alexis Tsipras, coalition government with the right-wing Independent Greeks (ANEL). Opposition center-right New Democracy (Greece), New Democracy (ND) remained stagnant at 28% and 75 seats, despite pre-election opinion polls predicting a tie with Syriza or even opening the possibility of a ND government. Far-right Golden Dawn (Greece), Golden Dawn (XA) remained the third political force in the country rising slightly to 7%, while the Democra ...
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Syriza
The Coalition of the Radical Left – Progressive Alliance ( el, Συνασπισμός Ριζοσπαστικής Αριστεράς – Προοδευτική Συμμαχία, Synaspismós Rizospastikís Aristerás – Proodeftikí Simachía), best known by the syllabic abbreviation SYRIZA (, el, ΣΥΡΙΖΑ ; a pun on the Greek adverb , meaning "from the roots" or "radically"), is a left-wing political party in Greece. It was founded in 2004 as a political coalition of left-wing and radical left parties, and registered as a political party in 2012. A left-wing populist, democratic socialist, progressive and social democratic party, Syriza holds a pro-Europeanist stance. Syriza also advocates for alter-globalisation, feminism, LGBT rights, and secularism. Syriza is the second largest party in the Hellenic Parliament. Party chairman Alexis Tsipras served as Prime Minister of Greece from 26 January 2015 to 20 August 2015 and from 21 September 2015 to 8 July 2019. It is a ...
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Greek Government-debt Crisis Countermeasures
The Greek government-debt crisis is one of a number of current European sovereign-debt crises. In late 2009, fears of a sovereign debt crisis developed among investors concerning Greece's ability to meet its debt obligations because of strong increase in government debt levels. This led to a crisis of confidence, indicated by a widening of bond yield spreads and the cost of risk insurance on credit default swaps compared to the other countries in the Eurozone, most importantly Germany. Fight against corruption and tax evasion Methods to reduce tax evasion The OECD estimated in August 2009, the size of the Greek black market to be around €65bn (equal to 25% of GDP), resulting each year in €20bn of unpaid taxes. This is a European record in relative terms, and in comparison almost twice as big as the German black market (estimated to 15% of GDP). Another study found that seven out of 10 self-employed Greeks significantly under-report their earnings, with only 200 Greeks dec ...
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