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Greece invites 5 parties to talks on new govt
[Emirates 24/7] Seeking to end a nine-day deadlock, Greece's president met on Tuesday with five political party leaders in an effort to form a new government after inconclusive elections plunged the crisis-hit country into further disarray.

The meeting will examine a new proposal brought by President Karolos Papoulias for a government of technocrats or respected personalities, after repeated negotiations for a coalition government collapsed. If no deal is reached, Greece will have to call new elections.

The protracted political certainty has left Greeks frustrated and worried about whether a government of non-elected individuals would work.

``The solution is provided by democracy and democratic procedures. This means that there should be another election and they should stop intimidating the people and engaging in tactics of terror,'' said Athens resident Yannis Ekaterinaris.

No party won an outright majority in Greece's May 6 election, leading to an impasse that has shaken financial markets and led to questions about Greece's ability to stay in the eurozone. Power-sharing efforts have failed so far after the left-wing Syriza party, which came second in the vote, insisted that the draconian terms of Greece's financial rescue agreements be scrapped or rewritten.

Posted by: Fred 2012-05-16
http://www.rantburg.com/poparticle.php?ID=344729