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Talks Fail, Greece to Hold New Elections

Caretaker government to be named tomorrow

By Kate Seamons,  Newser Staff

Posted May 15, 2012 8:32 AM CDT

(Newser) – Greece's post-electoral paralysis has been broken. The solution? New elections! Political leaders today announced that the ninth day of talks has failed to produce a deal. There was a sliver of hope going into the morning, as President Karolos Papoulias met with five political party leaders to propose a government of technocrats, reports the AP. Those talks apparently went nowhere, and "we're heading to elections," a rep for Papoulias told reporters. Reuters reports that a caretaker government will be appointed tomorrow, and elections will likely come in about a month.

Greece's president met the leaders of five political parties, broadening talks to try and form a coalition government and end a nine-day deadlock in the crisis-hit country.
Greece's president met the leaders of five political parties, broadening talks to try and form a coalition government and end a nine-day deadlock in the crisis-hit country.   (AP Photo/Aris Messinis, pool)
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COMMENTS
Showing 3 of 4 comments
boxcar
May 15, 2012 12:08 PM CDT
Greece and California have one thing in common Both have lived beyond their means for tooo long Now comes the time to pay the piper- DEFAULT  
Non-deep-thinker
May 15, 2012 9:13 AM CDT
You'd think Greece could get along just on tourism alone.  Here's an idea: fire the entire Greek government and put Disney / Pixar in charge of the place, and make Steve Wynn president.
Mr_Joshua
May 15, 2012 8:53 AM CDT
And everybody now wave goodbye to Greece as it exits the Eurozone. And you can call me..............Mr Joshua
 

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