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Greece sets for new elections as coalition talks fail - Terminal Block Accessories Manufacturer by qrt etget





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Greece sets for new elections as coalition talks fail - Terminal Block Accessories Manufacturer by
Article Posted: 02/04/2013
Article Views: 130
Articles Written: 2163
Word Count: 535
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Greece sets for new elections as coalition talks fail - Terminal Block Accessories Manufacturer


 
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The latest opinion surveys show that a fragmented parliamentdivided between supporters and critics of bailout deals withinternational lenders will emerge as well after the new polls,fuelling anxiety over whether Greece will avoid prolonged politicalinstability and implement a clear economic policy to tackle therisk of default and an exit from the eurozone. At the end of the final round of consultations at the presidentialmansion in Athens on Tuesday afternoon, it was officially announcedthat the efforts to form a national unity government to end thepolitical deadlock after the May 6 general elections endedfruitless. Greek President Karolos Papoulias will chair a new meeting of partychiefs Wednesday on the appointment of a caretaker administrationto lead Greece to new elections. If they fail to agree on an interim prime minister, in accordancewith the constitution, the president will appoint the head of theSupreme Court, the Supreme Administrative Court or Court of Auditsto lead the country to the ballots expected by mid-June.

By Tuesday evening, all party leaders who had participated in theconsultations were exchanging blame over the breakdown, calling onvoters to support them in the second round of the electoral battle. Antonis Samaras, head of the conservative New Democracy (ND) partythat topped the May 6 elections with some 19 percent of votes,stressed in statements to the press that "a strong pro-Europeanfront will fight the leftist, populist forces." Speaking from the headquarters of the socialist PASOK party thatranked third, its leader Evangelos Venizelos talked about "someparties that put party politics above the national interest." Alexis Tsipras, leader of the radical left coalition SYRIZA thatranked second in the May 6 polls boosted by voters' anger at harshausterity imposed under the bailout deals over the past two years,accused the two mainstream parties of promoting an economicpro-bailout policy that "would leave Greece hopeless." He claimed that the review of the two bailout agreements signedwith the European Union (EU) and International Monetary Fund (IMF)creditors since May 2010, envisaged by ND and PASOK, is not boldenough to make a real change for the recession-hit sufferingGreeks, pushing for annulments of certain terms. The smaller Democratic Left party that had joined Tuesday's talks,as a possible partner in a wide coalition, repeated its support forany coalition that would safeguard Greece's eurozone membership andseek better lending conditions. The nationalist Independent Greeks party and the Greek CommunistParty in the meantime made harsh attacks against the bailoutagreements.

As EU/IMF creditors have warned that they could stop the flow ofvital bailout aid to Greece if Athens backtracked from previouspledges, the latest opinion polls suggested that SYRIZA would winthe new elections, with no party securing again an absoluteparliamentary majority, leading to a new round of talks to form acoalition government in June. According to the survey printed on Eleftheros Typos (Free Press)daily, SYRIZA could garner some 20.5 percent of the votes up from17 percent in the May 6 polls, and ND would follow with 19.4percent. The poll reaffirmed previous surveys showing that an overwhelmingmajority of Greek people (81.4 percent) want Greece to remain partof the European common currency zone.

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