Clock Ticking, Greek Far Left Says No Coalition

Refusal means new elections, more uncertainty likely
By Newser Editors and Wire Services
Posted May 13, 2012 7:39 AM CDT
Greek President Karolos Papoulias looks on before his meeting with Greek Socialist leader Evangelos Venizelos in Athens, Saturday, May 12, 2012.   (Aris Messinis)
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(Newser) – Greek radical left leader Alexis Tsipras says he will not join or support a pro-bailout coalition government, saying he cannot agree to what he terms a mistake. His continued refusal makes new elections in the crisis-struck country more likely. Tsipras made the comments today after attending a meeting convened by President Karolos Papoulias with the head of the conservative New Democracy and socialist PASOK parties. Papoulias is making a last-ditch effort to broker an agreement and break the deadlock created by the elections, which left no party with enough parliamentary seats to form a government.

If no deal is reached, Greece must hold new elections next month, prolonging the political uncertainty and endangering the country's euro membership.

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