Greek election: Syriza ’to tear up EU austerity deal’
2012-05-09 0:00

From: bbc.co.uk


The leader of Greece’s left-wing Syriza bloc has said he will try to form a coalition based on tearing up the terms of the EU/IMF bailout deal.

Alexis Tsipras, whose bloc came second in Sunday’s vote, said Greek voters had "clearly nullified the loan agreement".

He has three days to reach a coalition deal and has told the two major parties to end their support for the austerity terms if they want to take part.

The European Commission and Germany say countries must stick to budget cuts.

European Commission President Jose Manuel Barroso said on Tuesday: "What member states have to do is be consistent, implementing the policies that they have agreed."

But, after French voters chose a new president on Sunday in Francois Hollande who has advocated greater focus on growth, EU leaders are to gather on 23 May for an informal meeting at which his proposals will be discussed.

German Chancellor Angela Merkel has written to Mr Hollande, saying that it is "up to us... to prepare our societies for the future and protect and advance prosperity in a sustainable way".

The financial chaos has sparked huge social unrest in Greece and led to a deep mistrust of the parties considered to be the architects of austerity.

On Monday the leader of the centre-right New Democracy (ND) party, Antonis Samaras, abandoned attempts to form a coalition.

ND came first in the polls but, in common with the centre-left Pasok - the other traditional party of power - saw its share of the vote dramatically reduced.

In March, both parties backed the terms of the second EU/IMF deal agreed by technocrat Prime Minister Lucas Papademos.

In return for its two bailouts - worth a total of 240bn euros (£190bn; $310) - Greece agreed to make deep cuts to pensions and pay, raise taxes and slash thousands of public sector jobs.

Their votes drained away in Sunday’s elections in favour of smaller parties on the left and right, with Syriza picking up almost 17% of the vote. But because ND came first, it was awarded a 50-seat bonus in parliament according to Greek rules, and was initially asked to form a government.

Twenty-four hours later it was Mr Tsipras who was given a mandate to form a coalition during a meeting with President Karolos Papoulias and immediately he began talks with prospective partners.

Greek media said he had enlisted the support of a smaller left-wing party, Democratic Left, but had failed to persuade the communist KKE to back him. He is likely to talk to all the party leaders, except the ultra-nationalist Golden Dawn.

If the 38-year-old Syriza leader hopes to obtain the 151 seats needed for a majority in parliament, it is already clear he will need the backing of at least one of the two major parties.

He told reporters "the pro-bailout parties no longer have a majority in parliament to vote in destructive measures for the Greek people" and urged them to write to the EU and IMF saying they were taking back earlier promises of co-operation made as a condition of the bailouts.

Mr Tsipras made his position clear to reporters in a five-point plan:

* Cancelling the bailout terms, notably laws that further cut wages and pensions
* Scrapping laws that abolish workers rights, particularly a law abolishing collective labour agreements due to come into effect on 15 May
* Promoting changes to deepen democracy and social justice
Investigating Greece’s banking system which received almost 200bn euros of public money
* Setting up an international committee to find out the causes of Greece’s public deficit and putting on hold all debt servicing
* Under Greece’s current bailout plan, billions of euros in further austerity cuts will have to be found in June - and the country is also counting on a 30bn euro (£24bn; $39bn) instalment in EU/IMF funds.

Read the rest of the article: here



Related Articles


Latest News from our Front Page

The Viking ”Maine Penny” Mystery
2015-03-05 3:41
In 1957, during his second year of digging at the Goddard site; a large prehistoric Indian trade village in Penobscot Bay on the central Maine coast, local resident and amateur archaeologist Guy Mellgren found a small silver coin. The coin is later identified by experts as a Norse silver penny dating to the reign of Olaf Kyrre, king of Norway ...
The Sagas of the (Viking) Icelanders Shed Light on Golden Age
2015-03-05 3:40
The Sagas of the Icelanders have long been preserved as the most comprehensive specimen of the literary culture of the 13th and 14th centuries of Iceland. In writing these sagas, many attributes of the 10th and 11th centuries were conserved, particularly individual biographies, the history of family feuds, and the overall evolution of the one of the greatest settlements ...
Benjamin Netanyahu's Full Speech to Congress
2015-03-05 1:36
Here is the full speech of Pathological Zionist Liar Benjamin Netanyahu to the United States Congress. "And the Oscar goes too ...." Description from YouTube: Prime Minister Benjamin Netanyahu of Israel used one of the most prominent platforms in the world on Tuesday to warn against what he called a “bad deal” being negotiated with Iran to freeze its nuclear program, bringing ...
The FDA Admits That Prior to 2011 Over 70% of U.S. Chickens Contained Cancer-Causing Arsenic
2015-03-04 20:32
Prior to 2011, the cancer-causing toxic chemical Roxarsone, which in high doses could kill you, was being added to chicken feed on purpose, giving store-bought chicken the illusion of healthy coloring and plump appearance. Shockingly, this was the case with more than 70 percent of all U.S. chickens! A recent article was published stating that this continued to be the ...
The Truth About Starbucks New Coconut Milk: It Isn’t Really Coconut Milk
2015-03-03 22:14
In an attempt to appeal to the non-dairy crowd, Starbucks is bringing “coconut milk” to the masses. After a successful trial run in select cities at the behest of their customers, Starbucks has decided to push forward with their dairy alternative. Providing a non-dairy alternative to dairy and soy is the second most requested customer idea of all time from MyStarbucksIdea.com, ...
More News »