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Eurointelligence Daily Briefing: Venizelos may just pull it off (11.05.2012)
Evangelis Venizelos is in talks with SYRIZA and ND today, after he gained the support on Thursday from Democratic Left leader Fotis Kouvelis - a pro-European critical of the bailout, Kathimerini reports. Kouvelis, who strongly favours Greece remaining within the euro, won 6.1% of the vote, and his 19 parliamentary seats make him a king-maker for a coalition government. Kouvelis said "I propose the formation of an ecumenical government made up of trustworthy political figures that will reflect and respect the message from the elections. This government's mission, which will have a specific program and time frame that will last until the European elections of 2014, will be twofold: firstly, to keep the country in the European Union and euro and, secondly, to gradually disengage from the [EU-IMF] memorandum."

A PASOK-ND-Democratic Left administration would have a total of 168 seats, but there are fears that SYRIZA's growing popularity, along with opposition from the other parliamentary parties, all opposed to the EU-IMF memorandum, would make governing difficult. SYRIZA's initial reaction suggests that it is unlikely to join a unity government. If new elections were held, SYRIZA is likely to win more votes.  An opinion poll conducted by Marc for Alpha TV indicated on Thursday suggests that SYRIZA would come in first. It put SYRIZA in first place on 23.8%, followed by ND on 17.4, PASOK on 10.8, Independent Greeks on 8.7, KKE on 6, Chrysi Avgi on 4.9 and Democratic Left on 4.2.

SYRIZA leader Alexis Tsipras also seem to have softened his stance when he wrote to EU officials on Thursday arguing that the election result had taken away political legitimacy from the memorandum and that the terms of the agreement should be "re-examined", rather than rejected.



guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Fri May 11th, 2012 at 04:07:30 AM EST
[ Parent ]
Here is a report indicating a stronger stance by Kouvelis:

Elections 2012: Live news blog, May 11 | Athens News

11.10am Democratic Left leader Fotis Kouvelis earlier insisted that he would not join a coalition with Pasok and New Democracy unless anti-bailout parties were also included and the new government pulled out of the loan deal. Speaking to Skai TV, he said:   "Our proposal for an ecumenical [national unity] government seeks to ensure the participation of all those forces that can serve two aims: the gradual disengagement from the loan agreement and staying in the eurozone."

A verbatim quote evidencing the "he would not join a coalition with Pasok and New Democracy unless anti-bailout parties were also included" part would have been more important.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri May 11th, 2012 at 06:22:48 AM EST
[ Parent ]
Ah, should have read further down the page:

Elections 2012: Live news blog, May 11 | Athens News

10.20am The Democratic Left is sending out the message this morning that when they speak of an "ecumenical" (ie national unity) government, they envisage Syriza being part of that. Speaking on Net TV this morning, a leading member of DL, Theodoros Margaritis, said that Fotis Kouvelis told this to Evangelos Venizelos at their meeting last night. Margaritis also called on Syriza to clarify what it's position is now: is it the Syriza that said Greece's commitments under the memorandum were "null" earlier in the week or the Syriza that called for a re-examining of "the whole framework of existing strategy" in the letter to European Union leaders yesterday?


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri May 11th, 2012 at 06:25:02 AM EST
[ Parent ]
Either it's a poor translation of what Kouvelis said, or I don't think he knows what the word "gradual" means.
by Upstate NY on Fri May 11th, 2012 at 09:08:03 AM EST
[ Parent ]
Well, "half today, half tomorrow" is a form of gradualism, I suppose...

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri May 11th, 2012 at 09:10:02 AM EST
[ Parent ]

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