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Monday, May 14, 2012

President Papoulias puts forward technocrat government for Greece

In a desperate bid to end the week-long political impasse and make sure that Greece does not lose out on International bailout package, President Carolos Papoulias has suggested the formation of a government of technocrats on Monday. The idea was floated before the leaders of Greece’s three main political parties – the Socialist Pasok, the radical left Syriza and the Conservative New Democracy party, as they failed to form a unity government.

The proposal, though, brought forth a lukewarm response across front-line political leaders, a meeting has been scheduled for Tuesday afternoon (2 PM local time) to chew on it.

While the New Democracy leader Antonis Samaras gave his assurance to help build a government, the chief of Democratic left, Fotis Kouvelis, is totally against the idea of a technocrat government. The chief of Pasok party, Evangelos Venizelos, has termed the Tuesday’s meeting as the last attempt to save Greece “out of a dead end.” On the other hand, although  Syriza party chief Alexis Tsipras is set to attend Tuesday’s meeting, his party has made it abundantly clear that they would not support any move to back austerity. Buzz is that, the 37-year-old dashing Syriza leader wants Greece to either pull out of the bailout agreement altogether or renegotiate the deal.

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