Tuesday, 15 May 2012

Greece: Talks Fail, Repeat Elections, Interim Caretaker Government

Listening to the statements of the leaders of the political parties, on Greek radio.

There was no agreement between them. They failed to form a government. New elections will be called. There will be a caretaker administration.

Theodorakis song

Alexis Tsipras (YouTube)

From The Wall Street Journal:
BRUSSELS—Swedish Finance Minister Anders Borg said Tuesday Greece was reaching the end of the road, referring to the country's membership of the euro-zone.
"We are very close to the end of the road," Borg told reporters in Brussels. "The situation is very serious."

Svenska Dagbladet (in Swedish)

Ben Chu blog, The Independent

Kathimerini

BBC

Reuters

The New Athenian

Hollande and Merkel (BBC Update)

German reaction (Kathimerini)

Bloomberg: 700 million Euros withdrawn from banks

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