Greece headed towards more elections after coalition talks fail
- cause The Greek elections earlier this month, which were watched closely as a sign of how the public felt about austerity measures, were split very heavily, with once-obscure parties taking big chunks of the vote from established parties.
- effect With these new parties insisting that a coalition government repeal the unpopular austerity measures, it was tough to find common ground, and as a result, none of the parties could manage to form a coalition government.
- result “We are going again towards elections, in a few days, under very bad conditions,” Pasok leader Evangelos Venizelos said after a meeting on Wednesday. If Greece can’t form a government, it will likely run out of money by July. source
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