Posted on 05/08/2012 1:20:56 AM PDT by Olog-hai
Greek Conservatives failed to cobble together a coalition on Monday (7 May), with leftist leader Alexis Tsipras set to try and form a government opposing the "barbaric" bailout, a move that would put into question the country's future in the eurozone.
"I tried to find a solution for a government of national salvation, with two aims: for the country to remain in the euro and to change the policy of the bailout by renegotiation," Conservative leader Antonis Samaras said in a televised address on Monday.
"We directed our proposal to all the parties that could have participated in such an effort, but they either directly rejected their participation, or they set as a condition the participation of others who did not accept," Samaras explained, one day after his New Democracy party won the most seats in the Greek parliament (108), but insufficient to rule alone or together with its former ally, the center-left Pasok party.
Syriza, a radical-left alliance that came in second and gained 52 seats in the 300-strong legislature, refused to join the government. Its leader, 37-year old Alexis Tsipras, is fiercely opposed to the austerity measures linked to the €130 billion bailout negotiated by the former government. …
The only party that is completely ruled out of any government coalition is Golden Dawn, a neo-Nazi party which entered for the first time in the parliament and gained 21 seats. …
(Excerpt) Read more at euobserver.com ...
New Democracy would have needed either the radical left-wring, Trotskyite party that finished second, or Pasok, the socialist party, that finished third, and one other partner. Possibly, the social democrat-type Party that finished sixth. These were the three pro-EU parties. But, obviously, these three parties couldn’t agree to terms.
The Trotskyite Party would have to assemble a coalition of ALL parties other than New Democracy and the neo-Nazi party. This is not as far-fetched as it sounds. But, I think this would require Pasok and the social democrat-type party to agree to leaving the Eurozone. Nobody will lend real money to the new Greek government. So, they will have to print the money to cover their precious government spending.
If no party can form a majority coalition, there will be another election. In a new round of voting, it is possible the 50 seat bonus that goes to the party that finishes first would go to the Trotskyite party. This would make it easier for it to assemble a ruling coalition. It would be Chile under Allende all over again.
IMHO the Greek Leftists caused the economic meltdown,with soicialistic false promises, and for that they should have no say in future govts over there.
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