Greek election: Syriza “to tear up EU austerity deal” but cant form a coalition

http://www.bbc.co.uk/news/world-europe-17986065

The leader of Greece’s left-wing Syriza bloc has said he will try to form a coalition based on tearing up the terms of the EU/IMF bailout deal.

Alexis Tsipras, whose bloc came second in Sunday’s vote, said Greek voters had “clearly nullified the loan agreement”.

He has three days to reach a coalition deal and has told the two major parties to end their support for the austerity terms if they want to take part.

The European Commission and Germany say countries must stick to budget cuts.

European Commission President Jose Manuel Barroso said on Tuesday: “What member states have to do is be consistent, implementing the policies that they have agreed.”

But, after French voters chose a new president on Sunday in Francois Hollande who has advocated greater focus on growth, EU leaders are to gather on 23 May for an informal meeting at which his proposals will be discussed.

German Chancellor Angela Merkel has written to Mr Hollande, saying that it is “up to us… to prepare our societies for the future and protect and advance prosperity in a sustainable way”.

The financial chaos has sparked huge social unrest in Greece and led to a deep mistrust of the parties considered to be the architects of austerity.

On Monday the leader of the centre-right New Democracy (ND) party, Antonis Samaras, abandoned attempts to form a coalition.

ND came first in the polls but, in common with the centre-left Pasok – the other traditional party of power – saw its share of the vote dramatically reduced.

In March, both parties backed the terms of the second EU/IMF deal agreed by technocrat Prime Minister Lucas Papademos.

http://www.bbc.co.uk/news/world-europe-18008179

The leader of Greece’s far-left Syriza bloc, Alexis Tsipras, has abandoned his efforts to form a governing coalition.

Mr Tsipras said he had failed to reach agreement with mainstream parties because of his insistence on rejecting austerity measures demanded by the EU and IMF as part of a bailout deal.

He made the announcement after failed talks with the Pasok and New Democracy parties, which support the bailout.

Pasok leader Evangelos Venizelos is now expected to try to form a coalition.

The BBC’s Mark Lowen in Athens says there are serious doubts over whether Mr Venizelos will succeed – meaning a new election and a prolonged political crisis seem increasingly inevitable.

Financial chaos has sparked huge social unrest in Greece and led to a deep mistrust of the parties considered to be the architects of austerity.

An earlier attempt by New Democracy (ND) leader Antonis Samaras to form a coalition failed on Monday.

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greece..yes it was never fixed was it?..they said it was but we knew better..there will be another election and expect the extreme sides to pick up more votes..

401

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~ by seeker401 on May 11, 2012.

One Response to “Greek election: Syriza “to tear up EU austerity deal” but cant form a coalition”

  1. For years we have seen Lafarge ask the EU to listen to ” the people” and start taking democracy seriously or the extreme parties will get in. So, there we have it . Perhaps they are deliberately driving Europe to another war and the promise of no more wars was another big fat lie

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