Greece coalition talks fail
Greece's politicians have yet again failed to agree a new government, after the latest round of coalition talks.
Greece's politicians have yet again failed to agree a new government, after the latest round of coalition talks.
Greek President Karolos Papoulias will today try to persuade political leaders to form a government and avert a new election amid mounting concern the country may leave the euro area.
Yesterday Alexis Tsipras, the leader of the biggest anti-bailout party, Syriza, turned down an appeal to join a unity government.
If these attempts to form a coalition fail a new general elections would most likely become the only next step.
New elections are on the horizon for Greece, as it looks as though the country's patchwork of parties cannot form an administration.
Greece faces weeks of political turmoil as conservative leader Antonis Samaras fails to form a coalition government.
A resounding rejection of the political status quo in Greek and French elections has thrown Europe's economic recovery off balance