Greece set for new elections as stalemate continues
Tuesday 08 May 2012
A left-wing party opposed to the terms of Greece's bailout agreements is trying to form a government after a general election stalemate.
The Radical Left Coalition, led by Alexis Tsipras, is to formally receive a mandate to form a government, and get three days to try and hammer out a power-sharing deal.
The party came a surprise second place in Sunday's election, after campaigning hard on a pledge to scrap bailout agreements that have kept the country afloat but also brought in harsh austerity measures. Greece is in its fifth year of recession and unemployment has spiked to over 20%.
Election winner, the conservative New Democracy, had first stab at forming a government on Monday but failed to find enough support from other parties.
Failure to reach a deal this week would trigger another general election in June, raising fears that Greece's painful deficit-cutting program - along with Europe's troubled efforts to resolve its debt crisis - could be thrown off track.
- 1 Rihanna 'nude pictures' claims emerge on 4Chan as hacking scandal continues
- 2 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 3 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 4 What are your fingerprint words?
Rihanna 'nude pictures' claims emerge on 4Chan as hacking scandal continues
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
Jennifer Lawrence: Leaked 4Chan sex video branded 'fake' by users
Jennifer Lawrence 'naked sex video' will be leaked next, threatens 4Chan celebrity photo hacker
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God
£16500 - £20000 Per Annum: Clearwater People Solutions Ltd: We are currently r...
£100 - £125 per day: Randstad Education Crawley: KS2 PPA Teacher currently nee...
£40000 - £45000 per annum + pension, healthcare,25 days: Ashdown Group: An est...
£28000 per annum: Ashdown Group: IT Software Application Support Analyst - Imm...