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Athens was due to itemise 11 billion euros in government cuts byJune in order to receive the next 5 billion euro instalment of itsloan, but that too is likely to be delayed. New elections by the middle of June are considered more likely thannot after angry voters scattered to several smaller parties,ranging from Leftists to an extreme Right group blamed for streetattacks against immigrants. The prospect of an outright winner in a second poll currentlyappears dim. Mr Tsipras has until the end of tomorrow [Thurs] to form acoalition but senior party members admitted privately it will benear impossible for him to summon a 151 majority in the 300-seatparliament. An immovable stumbling block is the Communist Party of Greece,which refuses to ally with any pro-EU blocs. Despite the toughanti-austerity rhetoric, Syriza wants Greece to stay in theeurozone. Mr Tsipras, a 37-year-old former Athens town councillor, challengedEvangelos Venizelos, leader of the socialist Pasok, and AntonisSamaras, the head of conservative New Democracy, to renege on theausterity pledges they made to secure the bail-out late last year. Greece's condition has only worsened since, with unemploymentrising to 22 per cent and the economy entering a fifth consecutiveyear of recession. This appeared to be an attempt to bring Pasok to the negotiatingtable, or perhaps attract some of its members into an allianceafter the next election. Mr Samaras swiftly refused to put pen to paper. "He is asking me toput my signature to the destruction of Greece. I won't do this," hesaid. Mr Venizelos also rejected the challenge but did not rule outworking with Syriza. His meeting with Mr Tsipras today, he said,would be "substantive and meaningful". He added that a national unity government with the participation ofall parties with a pro-European orientation was the only solution. Yiannis Bournous, a senior ally of Mr Tsipras, said Greeks haddelivered a message to Angela Merkel, the German chancellor, andthe International Monetary Fund that "super-austerity policies arereaching a dead end in Europe". "They either choose radical change of policy or collapse wheneverthey have elections," he told The Daily Telegraph. "This is not a Greek crisis, but a European and global crisis ofneoliberal capitalism," said Mr Bournos, 32, a member of theexecutive board of the European Left group in the Europeanparliament. He said Greek government funds would be used to keep the countryfunctioning, not pay profitmaking interest rates. "If the dilemma is wages and pensions or lenders, there is nochoice. We have to stop our country collapsing," he said. With warnings continuing from Brussels that Greece should stick tothe path of tough reforms, such bravado provoked dismay amongeconomists. Angelos Tsakanikas, head of research at the Institute for Economicand Industrial Research in Athens, said the vote for anti-bail-outparties signalled that "people have not understood clearly what thestakes are". "If the bail-out stops and we can't retrieve any more money, whatare the alternatives? We still have a primary deficit. Our revenuesare still below our expenses." Stavros Ligeros, a columnist with Kathimerini daily, said partiesopposing the bail-out were "protesting parties and part of thepolitical system that is collapsing". "Greece is in a transition state. The old is dying and the new hasnot yet been born," he added. We are high quality suppliers, our products such as DMX Light Controllers Manufacturer , Pro PA Speaker for oversee buyer. To know more, please visits Pro PA Speaker.
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