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
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)

(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.

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