After three voting rounds,
the Greek coalition government has failed to secure the support of 180 MPs in order to appoint a new president.
What's more, since the Syriza - Independent
Greeks coalition government assumed power, every day Greece's GDP has decreased $ 22 million, an average of 59 small businesses have closed, and approximately 613 jobs have been lost, not to mention the first - ever default by a developed nation on an IMF payment and three weeks of chaotic capital controls.
Upon assuming office, Tsipras and his Syriza - Independent
Greeks coalition government looked to act on campaign promises and initiated an uncoordinated, uninformed, and misguided attempt at not only renegotiating the Second Fiscal Adjustment Programme, but also «ending austerity throughout Europe.»
Not exact matches
Greek TV networks predict that New Democracy will take about 127 seats in the parliament, which when combined with the 32 seats for PASOK, give the
coalition more than the 151 seats needed to form a
government.
After
Greek conservatives failed to create a
government, the baton passed to the Radical Left
Coalition leader Alexis Tsipras.
With the Syriza party winning the early
Greek election and forming an anti-austerity
coalition government, all eyes are on how the new
government will manage debt negotiations with the Troika ---- the ECB, European Commission and International Monetary Fund.
Meanwhile at the party headquarters of the far right Laos party, sitting under paintings of classical
Greek scenes, vice-president Georgios Georgiou explains why they left the current governing
coalition (formed under Lucas Papademos last November when the Papandreou
government collapsed): «I suggested we leave the
coalition... we said not to touch pensions and wages and to get rid of the two million illegal immigrants... you can not have Germans coming in sitting in ministries ordering ministers what to do.»
I am not claiming that the
Greek economy under the
coalition New Democracy - PASOK
government was perfect, but it was certainly improving.
Indeed, it is no coincidence that the
coalition New Democracy - PASOK
government has been the only
Greek government of the crisis era that has undergone evaluation by the troika and not been asked to implement further measures.
And if the
Greek people had voted an anti-austerity
coalition into
government in June 2012 (to which they were close to doing), would such an administration have acted in the «economic interest» of Greece?
Tsipras renewed Syriza's previous
coalition agreement with the Independent
Greeks, giving the new
government 155 seats out of 300 in the
Greek Parliament.