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Greece's PASOK attempts to break post-electoral deadlock
Published in Saudi Press Agency on 11 - 05 - 2012


PASOK leader Evangelos Venizelos was to make a
final attempt Friday at breaking Greece's post-electoral deadlock and
forming a unity government by holding talks with the conservative New
Democracy and the Coalition of Radical Left party, or SYRIZA, dpa reported.
Venizelos, a socialist, received the presidential mandate after
the first- and second-placed parties in Sunday's election, New
Democracy and SYRIZA, failed to create a coalition government earlier
this week.
On Thursday, Democratic Left leader Fotis Kouvelis had agreed to
participate in a wide coalition, with a mandate to keep the country
in the euro while slowly distancing it from international bailouts.
If Venizelos fails to reach a mandate, President Karolos Papoulias
will convene party leaders in a last-ditch effort to reach a deal,
otherwise new elections will be held in a month.
PASOK was pushed to third place in the May 6 vote after voters
punished mainstream parties for their handling of the financial
crisis, with the country suffering a fifth year of recession and
record unemployment.
No clear winner emerged from Sunday's polls.


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