Breaking news!!! Greece coalition government talks fail, heading for elections - Polidicks

[img]http://resources0.news.com.au/images/2012/05/15/1226355/841676-120515-greece-elections.jpg[/img] [quote=WSJ] ATHENS (Dow Jones)--Greece is heading to new elections after political party leaders failed to reach an agreement to form a coalition government following an inconclusive election May 6 that left the cash-strapped country deeply divided and put its fate in the euro zone in doubt. A statement from President Karolos Papoulias said that talks had failed to reach consensus. The meeting with the heads of Greece's five largest political parties--conservatives New Democracy, socialists Pasok, Democratic Left, leftists Syriza and nationalists Independent Greeks was a last-ditch effort to reach an agreement after more than a week of talks had failed to break the political deadlock. "We are going again towards elections, in a few days, under very bad conditions," Pasok leader Evangelos Venizelos said after the cross-party meeting ended. Papoulias said a meeting will be held Wednesday at 1000 GMT to discuss forming a caretaker government ahead of the next elections, which are expected to take place by mid-June. Under Greece's constitution, the party leaders will have to agree on a caretaker government to lead the country to fresh elections. If they can't agree on a caretaker prime minister, the president must appoint the chief justice of either Greece's Supreme Administrative Court, the Supreme Court or the Court of Audits to lead the country to elections. Greece's May 6 elections left a deeply fragmented parliament with no single party or coalition able to form an outright majority. Recent polls suggest a new election could deliver an equally fragmented parliament, but the next time around, Greece won't have the luxury of prolonged cross-party negotiations. By the end of June, the country must detail and approve fresh measures to bridge a budget gap of EUR11.5 billion in coming years as its economy, mired by five years of recession, continues to shrink. Greece's international lenders have warned that they won't discuss further aid disbursements until a new government is formed.[/quote] [url]http://online.wsj.com/article/BT-CO-20120515-711768.html[/url] Greece is in such a shit position now.....;

Well good luck getting out of this one, Greece.

And thus continues the historical cycle of Greece being neck deep in debts as usual

I wanna hit you for that title you made...

My exams are fucked [img]http://sae.tweek.us/static/images/emoticons/emot-eng99.gif[/img]

Greece is fucked

I know it's not easy to move, but it would probably be best not to live in Greece for a while.

[QUOTE=person11;35966510]I know it's not easy to move, but it would probably be best not to live in Greece for a while.[/QUOTE] How would moving out of Greece make it better??

[QUOTE=Ond kaja;35966648]How would moving out of Greece make it better??[/QUOTE] Well for one, living inside a dump is not a pleasant experience.

[QUOTE=Sobotnik;35966785]Well for one, living inside a dump is not a pleasant experience.[/QUOTE] I would understand moving if you were in actual danger, but it's just a recession that will be over in the future, so wasting time and money on moving is just an idiotic strategy.

I was in Athens over last summer and it was the most depressing thing Like, all the monuments and ancient things were nice, but the economic conditions and the atmosphere were worse than the shitty parts of LA and Paris I have seen. Though I should not generalize all of Greece over its capital

I was in Greece about 4-5 years ago and the worse I saw was that the sanitations department was on strike so there was trash everywhere. Cant imagine what it's like now.

Let's hope the Dawn Party gets less votes.

[QUOTE=Ond kaja;35966863]I would understand moving if you were in actual danger, but it's just a recession that will be over in the future, so wasting time and money on moving is just an idiotic strategy.[/QUOTE] Lots of people moved away from Spain in the 60s because work was absolutely impossible to find in Spain, so, the more than two million people who did that then are just idiotic?

[QUOTE=person11;35967157]I was in Athens over last summer and it was the most depressing thing Like, all the monuments and ancient things were nice, but the economic conditions and the atmosphere were worse than the shitty parts of LA and Paris I have seen. Though I should not generalize all of Greece over its capital[/QUOTE] I went to Greece about two months ago with school. We did a large trip around the country. The other places like Olympia and such seem barely affected, but once you get into the large cities... Dear God. The atmosphere, with the beggars everywhere and the junkies. We saw fucking scavengers outside our very own hotel. Scavengers, as in, people wearing plastic bags walking around with shopping carts sawing off pieces of metal and copper wherever they found it.

[QUOTE=Ond kaja;35966863]I would understand moving if you were in actual danger, but it's just a recession that will be over in the future, so wasting time and money on moving is just an idiotic strategy.[/QUOTE] Yeah their downhill will be over in 50 years then uphill for 150 years.

Like I said in a previous thread, the best solution here is for Germany and the other EU states to drop their demands of austerity (because it doesn't work), and for the inevitable conclusion of the anti-austerity party (whether it's Syriza or any other party) to win. Given the polls that went out shortly after the elections that just happened, that seem to be the eventual result -- they indicated that if an election were to occur again, that Syriza would receive the largest amount of seats, compared to what happened, which is that the Centre-Right New Democracy got the most.

The best solution would be debt forgiveness but that does not really happen much. It would also set a horrible precedent. More likely Greece will just default, which is much worse.

[QUOTE=i_speel_good;35966240]My exams are fucked [img]http://sae.tweek.us/static/images/emoticons/emot-eng99.gif[/img][/QUOTE] At least you live in a beautiful country, so that's something, right?

[QUOTE=Ond kaja;35966863]I would understand moving if you were in actual danger, but it's just a recession that will be over in the future, so wasting time and money on moving is just an idiotic strategy.[/QUOTE] It's not just a recession, it's a major depression which has resulted in major political revolution. Anno. pre-war Germany. Not like the U.S. depression, but a total default.

[QUOTE=Emperor Scorpious II;35967436]Let's hope the Dawn Party gets less votes.[/QUOTE] Impossible. This just shows the left had failed to create a government, this means people are more like to go to the extremes, aka the Golden Dawn. Economic down time has gone to show people are more willing to choose extreme groups.

They are bringing europe down, and returning to the dracma as they want to do would be an incredible waste of money

[QUOTE=Emperor Scorpious II;35967436]Let's hope the Dawn Party gets less votes.[/QUOTE] Quite possible it will get more. People often turn to nationalism in times of economic and political instability. Especially when Europe is putting so much pressure on Greece, a nationalist party might seem like the group to align themself.

[QUOTE=Emperor Scorpious II;35967436]Let's hope the Dawn Party gets less votes.[/QUOTE] Them and the Communist party. Unfortunately, both of them are gaining ground.

I'm just waiting for the inevitable takeover from the Golden Dawn Party...

[QUOTE=Megafan;35969639]Like I said in a previous thread, the best solution here is for Germany and the other EU states to drop their demands of austerity (because it doesn't work), and for the inevitable conclusion of the anti-austerity party (whether it's Syriza or any other party) to win. Given the polls that went out shortly after the elections that just happened, that seem to be the eventual result -- they indicated that if an election were to occur again, that Syriza would receive the largest amount of seats, compared to what happened, which is that the Centre-Right New Democracy got the most.[/QUOTE] But then what happens? Greece just gets into [I]more[/I] debt?