Greece coalition talks fail, fresh polls ahead

The meeting will examine a new proposal brought by President for a government of technocrats or respected personalities.

Zeenews Bureau

Athens: As final round of talks regarding formation of new government in Greece failed on Tuesday, the country is now headed for fresh polls.

In a bid to end the deadlock, Greece’s President Karolos Papoulias today met with five political party leaders. The talks were joined by the leaders of New Democracy, Syriza, the Socialist PASOK, the Democratic Left and rightwing Independent Greeks.

President wanted to propose a government of technocrats or respected personalities after repeated negotiations for a coalition government collapsed.

But the President’s efforts met dead end and now a caretaker government will be appointed by him on Wednesday.

That Greece is slated for new elections was being presumed since inconclusive elections plunged the crisis-hit country into further disarray.

The conservative New Democracy party won the May 6 election, but only received 18.9 per cent of the vote as angry voters scattered to smaller parties.

Second-placed Syriza, which received 16.8 per cent in the election, is currently leading opinion polls.

No party won an outright majority in Greece`s May 6 election, leading to an impasse that has shaken financial markets and led to questions about Greece`s ability to stay in the eurozone.
Power-sharing efforts have failed so far after the left-wing Syriza party, which came second in the vote, insisted that the draconian terms of Greece`s financial rescue agreements be scrapped or rewritten.

With agencies inputs

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