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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLeft gets historic chance to pull Greece out of limbo
Source: Reuters
Left gets historic chance to pull Greece out of limbo
By Dina Kyriakidou
ATHENS | Mon May 7, 2012 5:43pm EDT
(Reuters) - Greece's Left Coalition party will get an historic chance on Tuesday to form a government opposed to the country's EU/IMF bailout, after the mainstream conservatives failed to cobble together a coalition following a shock inconclusive election.
Alexis Tsipras, whose party was catapulted into second place by voters angry with austerity, will take on the tough task of wooing small groups into forming the first leftist government in Greece's modern history.
Greeks plunged their country into political limbo in Sunday's election, angry with the harsh cuts dictated by the bailout deal which is keeping Greece afloat but has also brought the worst unemployment and recession in decades.
By spurning the two main parties, voters shrugged off the risk of bankruptcy and the threat to Greece's future in the euro as officials warned that cash was running out fast.
[font size=1]-snip-[/font]
By Dina Kyriakidou
ATHENS | Mon May 7, 2012 5:43pm EDT
(Reuters) - Greece's Left Coalition party will get an historic chance on Tuesday to form a government opposed to the country's EU/IMF bailout, after the mainstream conservatives failed to cobble together a coalition following a shock inconclusive election.
Alexis Tsipras, whose party was catapulted into second place by voters angry with austerity, will take on the tough task of wooing small groups into forming the first leftist government in Greece's modern history.
Greeks plunged their country into political limbo in Sunday's election, angry with the harsh cuts dictated by the bailout deal which is keeping Greece afloat but has also brought the worst unemployment and recession in decades.
By spurning the two main parties, voters shrugged off the risk of bankruptcy and the threat to Greece's future in the euro as officials warned that cash was running out fast.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2012/05/07/us-greece-idUSBRE8440DG20120507
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Left gets historic chance to pull Greece out of limbo (Original Post)
Eugene
May 2012
OP
KamaAina
(78,249 posts)1. The numbers don't add up
they'd have to bring in pro-austerity PASOK. Rightist New Democracy has by far the most seats, thanks to a 50-seat bonus for finishing first, yet they failed to form a goverment, because ALL the small parties told them to stuff it!
It looks like another round of elections. Stay tuned...
ProgressiveProfessor
(22,144 posts)2. I too see another round of elections
By then, things will be even tighter financially.
Eugene
(61,974 posts)3. Greek leftist holds coalition talks, effort seen as doomed
Source: Reuters
Greek leftist holds coalition talks, effort seen as doomed
By Ingrid Melander and Renee Maltezou
ATHENS | Tue May 8, 2012 9:00pm EDT
(Reuters) - Radical leftist Alexis Tsipras meets the leaders of Greece's mainstream parties on Wednesday to try to form a coalition government, an effort seen as doomed after he demanded they first agree to tear up the country's EU/IMF bailout deal.
An inconclusive election on Sunday has left Athens in political disarray, with no clear path to form a government, a new election likely within weeks and speculation escalating that Greece could be pushed out of Europe's single currency bloc.
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By Ingrid Melander and Renee Maltezou
ATHENS | Tue May 8, 2012 9:00pm EDT
(Reuters) - Radical leftist Alexis Tsipras meets the leaders of Greece's mainstream parties on Wednesday to try to form a coalition government, an effort seen as doomed after he demanded they first agree to tear up the country's EU/IMF bailout deal.
An inconclusive election on Sunday has left Athens in political disarray, with no clear path to form a government, a new election likely within weeks and speculation escalating that Greece could be pushed out of Europe's single currency bloc.
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Read more: http://www.reuters.com/article/2012/05/09/us-greece-idUSBRE8440DG20120509
Odin2005
(53,521 posts)4. I thought neither side has enough because nobody will touch the Neo-Nazis.