The head of Greece's radical left party, Syriza, is meeting leaders of the country's mainstream parties in hopes of forming a coalition government.
A coalition deal seems unlikely Wednesday, an afternoon after Syriza party leader Alexis Tsipras called for the brand new Democracy and socialist PASOK parties to reverse their position on spending reductions associated with the multi-billion-dollar bailout keeping Greece afloat. Â
Tsipras called Tuesday for a rejection of all austerity measures imposed under a global loan deal. He said the Greek people's vote in Sunday's election nullifies the international loan agreement.
Syriza won 52 of the 300 seats in parliament in Sunday's poll, second behind Greece's conservative New Democracy party.
New Democracy was thus given the primary chance to form a unity government. But party chief Antonis Samaras said Monday he was unable to form one after rejections from party leaders.
Greek President Karolos Papoulias has since given Tsipras three days to form a ruling alliance.
If those talks fail, the party that came in third gets the mandate to realize a majority in parliament. No agreement could force new elections next month.
Nervous European leaders have maintained pressure on Greece to continue respecting the necessities imposed on Athens in return for greater than $300 billion in two bailouts.
The bailout deal, struck in February with the eu Union, the International Monetary Fund and the eu Central Bank, aims to clear the style for Greece to go back to financial markets by 2015.
Some information for this report was provided by AP, AFP and Reuters.
From WhatNewsToday.net
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