Greece Nears ‘Moment Of Truth’ As Coalition Talks Fall Apart

 

REUTERS:  Greek political leaders on Sunday ignored a final plea from the president to form a coalition government to avert a repeat election, pushing the debt-stricken nation closer to bankruptcy and a possible exit from the euro zone….

“Despite the impasse at the meeting we had with the president, I hold on to some limited optimism that a government can be formed,” said Venizelos, whose PASOK party finished a humiliating third in the election, a shadow of its former might…

Polls since the election show the balance of power tipping even further towards opponents of the bailout, who were divided among several small parties but now appear to be rallying behind Tsipras, a 37-year-old ex-Communist student leader…  (more)

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