Greece went to the polls last weekend for the second time in six weeks. This time however the New Democracy Party won a majority and its leader quickly began trying to forge a coalition government.
The New Democracy majority may have been small but with willing political partners it is expected to be enough to form a workable government. Today June 20, 2012, Antonis Samaras, leader of the New Democracy party, will be sworn in as prime minister. At time of writing the Greek coalition talks were ongoing but reportedly close to a finalised deal.
The people of Greece need a government but whether a coalition can bring stability to Greece is not known. Their debt crisis continues and too many people in Greece are suffering. As they struggle on in poverty tax dodgers and system abusers in the country prosper. These two issues will need urgently addressing by the new government.
The Markets around the world are still faltering as Greece forms its new parliament. There was no huge surge in the markets on the back of the Greek election, as the situation remains unstable. Angela Merkel the German Chancellor and leading light in Europe right now, has made it plain that the Greek bailout will not be renegotiated.
Yesterday President Obama speaking, as the G20 summit in Mexico drew to a close, said that Europe knows what it has to do. The talk is of leaders having to make tough choices and decisions. Of course those tough choices rarely affect those who make the decisions. It is easy to play politics when it is someone else who will experience a massive drop in income, or the loss of a home, for example.
President Obama should also publicly acknowledge that Europe's financial woes stem in so many ways from the USA.
Samaras is meeting with Greek President Karolos Papoulias prior to being sworn in as Prime Minster. Updates will follow....
Latest: Samaras has been sworn in as PM. "The ceremony came shortly after he agreed a coalition government with the Socialists (Pasok) and the smaller leftist party, the Democratic Left. Mr Samaras took the oath at a Greek Orthodox ceremony in Athens."
Greece is facing a general election this coming weekend. The Greek people have been pushed from pillar to post this year and with more austerity measures on the cards who will they elect to power? Many Greeks will feel a distinct distrust of all their politicians but someone will have to rule the country. Without a democratically elected government they are at the mercy of technocrats and the EU.
The social democratic Pasok and the conservative New Democracy (ND) have traditionally been the main political parties of Greece since 1975. Countries with economic problems right now are tending to rightly or not lay the blame at the door of the elected politicians. Those in power right now.This could by why both the Pasok and the ND are keeping a very low profile. No public electioneering for them but rather a quiet presence behind the scenes.
Greece's recent financial woes have led to the formation of many splinter groups and political parties. It could be that a rag tag of many parties ends up forming a coalition government in Greece.
Although World News has not detailed Greece's debt problems lately that does not mean that they have miraculously vanished. Greeks face more cuts, austerity and a sinking standard of living for many years to come. One fairly new Party is the Independent Greeks which is currently led by Panos Kammenos. This party like other new ones wants to turn its back on Greek Debt and austerity and start again.
This may be the only way forward for Greece and its people but it will have those such as Angela Merkel breaking out in a cold sweat. Independent Greeks has said they will abandon the bailout agreement. Kammenos said, "In Greece we have a democracy. In the democracy we have a constitution. The constitution of Greece doesn't accept this kind of agreement."
Pollsters do not expect Independent Greeks to poll enough votes for a clear mandate to govern nor are many of the smaller, newer parties likely to want to work together. This means that it could be the year of the ND party, but elections are funny affairs.
Tags: Greece, Greek people, Pasok party, ND, Greek austerity, Greek election