Greek party deal on new crisis premier collapses
Wednesday 09 November 2011
A deal on forming a Greek national unity government collapsed today as the country headed towards an economic abyss, hours after
outgoing Prime Minister George Papandreou said he was handing over to a
coalition that does not exist.
In a day that was bizarre and chaotic even by Greek political standards, Papandreou wished his successor well and headed off to meet the president - only for it to emerge that there was no successor due to feuding in the political parties.
Earlier, party sources said senior members of the socialist and conservative camps had settled on the speaker of parliament, veteran socialist Filippos Petsalnikos, barring last-minute snags.
Snags did indeed emerge, with large sections of Papandreou's PASOK party and the conservative New Democracy refusing to back Petsalnikos after a three-day hunt for someone to lead the coalition until early elections in February.
Greeks and the nation's international lenders have watched in growing horror for three days as party leaders feuded over a shrinking list of credible candidates to lead the national unity coalition after Papandreou's government imploded.
Greece will run out of money next month unless the new government comes agrees emergency funding with the European Union and International Monetary Fund, Greece's last remaining lenders, including a €130 billion bailout.
Bring back Papademos
Some lawmakers said the parties would have to return to an earlier plan - apparently stalled - of recruiting Lucas Papademos, a former vice-president of the European Central Bank, to head the new government as a technocrat and give it the credibility that politicians lost long ago.
"The only solution is Papademos. If he accepts by tomorrow morning we will be able to form a strong government that will pull the country out of the crisis," Socialist lawmaker Spyros Vougias told Reuters.
Papandreou and New Democracy leader Antonis Samaras began talks with President Karolos Papoulias on a new coalition to save Greece from bankruptcy. But before leaders of smaller parties could join them to seal the coalition, the talks were abruptly halted.
The president's office said a meeting of party leaders would be held at 0800 GMT on Thursday, although in the current chaotic atmosphere political talks are often delayed or fail to happen at all.
"This whole affair does not do us much honour," said one member of Papandreou's cabinet, who asked not to be named. "There are moves by MPs in both major parties to sign a joint letter against Petsalnikos."
Party sources said some lawmakers saw Petsalnikos as a pawn of Papandreou, and attacked him for supporting the prime minister's failed plan to call a referendum on the bailout, which brought his socialist government to its knees.
(Additional reporting by Harry Papachristou, Renee Maltezou and
- 1 BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
- 2 Number of young homeless people in Britain is 'more than three times the official figures'
- 3 Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
- 4 The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
- 5 Swedish minister gives strongest case yet on why EU should stop turning away asylum seekers
BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
Number of young homeless people in Britain is 'more than three times the official figures'
Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
More Britons believe that multiculturalism makes the country worse - not better, says poll
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
£7 - £10 per hour: Recruitment Genius: This care provider is looking for Home ...
£30000 - £35000 per annum: Recruitment Genius: One of the UK's leading web des...
£27000 - £35000 per annum: Recruitment Genius: A growing, successful, friendly...
£16000 - £25000 per annum: Recruitment Genius: This family owned, independent ...