Greece parties seal coalition deal, problems loom

ATHENS (Reuters) - Greece's traditional ruling parties agreed a coalition government on Wednesday and said they would form a team to renegotiate the punishing terms of a bailout that is staving off bankruptcy but fuelling rising social tensions. The government brings together the conservative New Democracy party and Socialist PASOK in an uneasy alliance of rivals facing an emboldened opposition vehemently opposed to the austerity conditions attached to the country's financial lifeline. Party leaders said a team would be formed to renegotiate the terms of the 130 billion euro ($164. ...

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The country's parties seal coalition deal

The country’s parties sealed a deal to form a conservative-led coalition on Wednesday and said they would start immediately to form a team to re-negotiate the tough austerity conditions in the international bailout propping up the near-bankrupt economy.

"Greece has a government," Evangelos Venizelos, head of the Socialist PASOK party told reporters after talks with conservative leader Antonis Samaras, the winner of Sunday's election.

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Greece Close to Forging Coalition Government: Reports

Christian Science Monitor

Greece Close to Forging Coalition Government: Reports Fox Business Greece's New Democracy party, which came in first in weekend elections, is reportedly close to securing a deal with two smaller parties on creating a ... Greece Poised to Form New CoalitionNew York Times Greece may form coalition government as soon as WednesdayChristian Science Monitor Greece's pro-euro vote spurs talk of relief on bailout conditionsLos Angeles Times San Jose Mercury News -Reuters -Businessweek all 10,567 news articles »

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Greece close to coalition deal as problems loom

Sky News

Greece close to coalition deal as problems loom Reuters Coalition deal expected on Wednesday* PASOK, Democratic Left to provide backing but no ministers* New government to seek revision to austerity packageBy ... Greece: New Democracy, Dimar and Pasok Race To Form A ...Sky News all 5 news articles »

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