Greek pro-bailout parties seek new coalition
By James Mackenzie | Reuters –
ATHENS (Reuters) – Greece’s centre-right New Democracy party will try to form a coalition on Monday with other parties backing the international bailout after a narrow election victory over the left that eased fears of a sudden exit from the euro.
The euro rose and European stocks were poised to open higher after Sunday’s vote and the Athens streets were quiet after New Democracy leader Antonis Samaras pledged to move swiftly to form a government, telling supporters: “There is no time to waste”.
The once-mighty Socialist PASOK party, now reduced to third place, indicated it would support Samaras but had not yet decided whether to join the government or just offer parliamentary backing.
“The people spoke yesterday and gave a clear mandate to pro-European parties to cooperate
Category: World
