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-Election 2012
Greek voters punish ruling coalition, reward far left
2012-05-07
Translation: Greek voters are petulant children who don't want to pay for the many mistakes they've made.
Greece’s former finance minister and Socialist party leader called for a broad coalition government of pro-European parties, ruling out a two-party government with his conservative rivals after his party received a drubbing in Sunday’s parliamentary elections.

Official projected results showed Evangelos Venizelos’ PASOK party plunging to third place with 13.6 percent and 42 seats in the 300-member parliament. The conservative New Democracy was projected in the lead with 19.18 percent and 109 seats, far below the 151 needed to form a government. The margin of error was 0.5 percentage point.

“A coalition government of the old two-party system would not have sufficient legitimacy or sufficient domestic and international credibility if it would gather a slim majority,” Venizelos said. “A government of national unity with the participation by all the parties that favor a European course, regardless of their positions toward the loan agreements, would have meaning.”
Doesn't the leader of the leading party get to decide what the coalition will be? Why is Venizelos running his mouth? His party is in third. Perhaps he should let the two leaders work it out and give him a call if they need/want him.
If borne out by final results, the outcome is devastating for PASOK, which won a landslide victory in 2009 with more than 43 percent of the vote.

Voters outraged by Greece’s protracted financial crisis and the austerity measures imposed in return for international bailouts punished both main parties, turning to smaller anti-bailout groups instead. The leftist Syriza, which was projected in second place with 16.3 percent and 50 seats, has been strongly opposed to Greece’s bailout agreements.
Posted by:Steve White

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