the formation of the Greek Govt seems to be very quiet.

antrobus

The_White_Horse wrote: »

maybe the anti - austerity lot will get their turn now?

Don't be so impatient.

Greek politicians have pledged to form a coalition government today, the head of the country’s socialist party said last night. Evangelos Venizelos’s socialist Pasok party, which came third in Sunday’s elections, said a deal was close with the victorious Conservative New Democracy party.

http://www.dailymail.co.uk/news/article-2161651/Greece-inches-government-coalition-socialist-party-nears-deal.html

Or

Greeks close to forming government
http://www.ft.com/cms/s/0/d9756942-bab2-11e1-83e0-00144feabdc0.html#axzz1yKEGMpuW

Generali

Wookster wrote: »

Syriza consists of:

Maoists! Do the Greek people seriously believe that the Great Leap Forward is the future for Greece?

http://openlibrary.org/books/OL24902439M/Mao%27s_great_famine

Between 1958 and 1962, China descended into hell. Mao Zedong threw his country into a frenzy with the Great Leap Forward, an attempt to catch up with and overtake Britain in less than fifteen years. The experiment ended in the greatest catastrophe the country had ever known, destroying tens of millions of lives

antrobus

Generali wrote: »

Maoists! Do the Greek people seriously believe that the Great Leap Forward is the future for Greece?..

And Trotskyists too! And eurocommunists, eco-socialists (sic), social democrats, and plain old communists. Getting that lot to agree on anything practical is going to be pretty much impossible.

Mrs_Bones

antrobus wrote: »

Don't be so impatient.

Greek politicians have pledged to form a coalition government today, the head of the country’s socialist party said last night. Evangelos Venizelos’s socialist Pasok party, which came third in Sunday’s elections, said a deal was close with the victorious Conservative New Democracy party.

http://www.dailymail.co.uk/news/article-2161651/Greece-inches-government-coalition-socialist-party-nears-deal.html

Or

Greeks close to forming government
http://www.ft.com/cms/s/0/d9756942-bab2-11e1-83e0-00144feabdc0.html#axzz1yKEGMpuW

In theory they've only got today to get the deal done. Unless they find a way of extending the deadline for forming a government.

They said on Sunday they'd start straight away on Monday as there wasn't a minute to lose. Then they said it would be Tuesday, urgency was essential in forming a government. Last night they said it would be sorted and signed by midday their time around 9am our time but still no announcement yet.

What's the hold up, this is the exact result the EU wanted, New Demo and Pasok in coalition as before, no change. Only there is an underlying change, only 40% voted for the pro bailout parties. Before they even start they know that if they can cobble together a coalition it's going to be fragile. To have even half a chance of being successful and surviving as a government, the EU has got to cut it some slack on the bailout terms otherwise it will fold with in the year and another election will have to be held with Syriza waiting in the wings.

Generali

http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_28971_19/06/2012_448009

Greece edged on Tuesday toward a coalition government between New Democracy, PASOK and Democratic Left but the conclusion of a deal was held up by internal wrangling in the latter two parties.
It is expected that disagreement within PASOK and Democratic Left will be cleared up on Wednesday and that an agreement on the new administration’s policy program as well as who will enter the Cabinet will be agreed.
New Democracy’s Antonis Samaras, PASOK’s Evangelos Venizelos and Democratic Left’s Fotis Kouvelis are expected to hold their final talks on Wednesday before a deal is clinched. Samaras looks certain to become prime minister and he is thought to favor Vassilis Rapanos, the president of National Bank, as finance minister. Samaras is also considering the appointment of Christos Staikouras, an ND deputy and economics professor, as deputy finance minister in charge of revenues. The head of the IOBE think tank, Yannis Stournaras, is also being touted for a role in the new administration’s financial team.

Wookster

Generali wrote: »

Maoists! Do the Greek people seriously believe that the Great Leap Forward is the future for Greece?

http://openlibrary.org/books/OL24902439M/Mao%27s_great_famine

I was hoping Syriza would win.

It would be a sure fire way of demonstrating that socialism does not work quite quickly, instead it looks like we will be relying on Hollande to take France to the brink.

Generali

Wookster wrote: »

I was hoping Syriza would win.

It would be a sure fire way of demonstrating that socialism does not work quite quickly, instead it looks like we will be relying on Hollande to take France to the brink.

You'd hope that Mao, Stalin and Pol Pot would have proved that between them.

Socialists hate George W. Bush, Thatcher and other Neo-Liberals/Neo-Cons but surely they must be better than that other mob.

ILW

Wookster wrote: »

I was hoping Syriza would win.

It would be a sure fire way of demonstrating that socialism does not work quite quickly, instead it looks like we will be relying on Hollande to take France to the brink.

A form of socialism can work (some Scandinavian countries). But has no chance in a country which does not have a high tax take from it's citizens.

grizzly1911

Mrs_Bones wrote: »

In theory they've only got today to get the deal done. Unless they find a way of extending the deadline for forming a government.

They said on Sunday they'd start straight away on Monday as there wasn't a minute to lose. Then they said it would be Tuesday, urgency was essential in forming a government. Last night they said it would be sorted and signed by midday their time around 9am our time but still no announcement yet.

What's the hold up, this is the exact result the EU wanted, New Demo and Pasok in coalition as before, no change. Only there is an underlying change, only 40% voted for the pro bailout parties. Before they even start they know that if they can cobble together a coalition it's going to be fragile. To have even half a chance of being successful and surviving as a government, the EU has got to cut it some slack on the bailout terms otherwise it will fold with in the year and another election will have to be held with Syriza waiting in the wings.

On the basis that bthey do form a coalition what has changed.

Without some external change on the financing, interest holidays, further write downs etc they are up a creek without a paddle.

Nothing is going to change in the short to medium term without that external change.

Yes they can cut public spending but that in itself is crippling the country.

Whilst in the euro they are woefully uncompetitive.

Their tourism trade is being ripped to shreds by the likes of Turkey and or destinations farther afield. Shipping and Insurance??

Generali

It looks like there's a deal been struck.

New Democracy, PASOK & Democratic Left in a coalition.