It just gets worse by the day.
Greek President Karolos Papoulias has begun talks with the heads of the three main parties, in a last attempt to form a coalition and avert another election. All three – conservative New Democracy, far-left Syriza and socialist Pasok – have failed in bids to form coalitions. Voters deserted New Democracy and Pasok at last Sunday’s polls, amid anger over tough austerity measures imposed as part of an IMF-EU bailout deal. Polls suggest the popularity of anti-bailout Syriza continues to grow.
The EU demands Greece implement austerity. Greece refuses to implement austerity. Only ONE place for Greece to go – out!