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Monday, January 26, 2015

Greece's Syriza Forms Anti-Bailout Coalition Monday Jan 26,2015

Greece's Syriza Forms Anti-Bailout Coalition


The far-left Syriza party, which won Greece's general election on Sunday, has formed an anti-austerity governing coalition with the right-wing party Greek Independents.

With nearly all of the votes counted in Sunday's poll, Syriza looks set to have 149 seats, just two short of an absolute majority. The Greek Independents are projected to have 13 seats in the 300-seat parliament.
Election results

Sunday's result means that a majority of voters in Greece have essentially rejected a core policy for dealing with the eurozone crisis

About Syriza and Greek Independents
Syriza, acronym meaning the "Radical Coalition of the Left", was formed in 2004 and is led by Alexix Tsipras
Syriza leader Alexis Tsipras has vowed to renegotiate Greece's bailout, worth €240bn (£179bn; $268bn), to end Greece's "humiliation and pain".
The Greek Independents, a right-wing party formed as a New Democracy splinter in 2012 and led by Panos Kammenos
Both parteies want to end austerity and renegotiate Greece's debt
Panos Kammenos and Alexis Tsipras
Alexis Tsipras of Syriza party and Panos Kammenos, chairman of the right-wing Independent Greeks party, meet in Athens on 26 January. 

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