Greece's Syriza Forms Anti-Bailout Coalition

Written By Unknown on Senin, 26 Januari 2015 | 18.57

Greece's left-wing Syriza party has formed an anti-austerity coalition government, just hours after sweeping to victory in Sunday's national election.

Party leader Alexis Tsipras struck a coalition deal with the right-wing Nationalist Independent Greeks party which, like Syriza, opposes Greece's tough international bailout deal.

"From this moment there is a government in the country," Nationalist Independent Greeks leader Panos Kammenos said after talks with Mr Tsipras at Syriza's headquarters in Athens.

"The Independent Greeks give a vote of confidence in Prime Minister Alexis Tsipras. There is an agreement in principle."

Syriza won 149 seats in the 300-seat parliament, just two seats short of an overall majority.

It had a 8.5-point lead over the ruling conservative New Democracy party of outgoing Prime Minister Antonis Samaras.

Mr Tsipras will be sworn in later this afternoon.

The unusual pairing of parties from opposite ends of the political spectrum, but with a shared drive to reverse painful austerity measures, raises the prospect of a stand-off with European creditors and economic powerhouse, Germany.

In his victory speech Mr Tsipras​ vowed Greece would abandon the "catastrophic austerity" measures imposed under the EU-IMF deal.

He has also promised to renegotiate the repayment terms of Greece's €240bn (£176bn) international bailout.

"Greece leaves behinds catastrophic austerity, it leaves behind fear and authoritarianism, it leaves behind five years of humiliation and anguish," Mr Tsipras told thousands of supporters in Athens.

But a spokesman for the German Chancellor said Angela Merkel still expects Greece to stand by its commitments to international creditors, while Chancellor George Osborne said Syriza's promises were going to "be very difficult to deliver".

The head of the Eurogroup, made up of eurozone's 19 finance ministers, Jereon Dijsselbloem, also fired a warning shot at the new government, saying Greece's eurozone membership depended on it complying with its agreements.

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  1. Gallery: Tsipras' Surprising First Post-Election Tweet

    Syriza party leader Alexis Tsipras' first tweet after sweeping to victory in Greece's general election was somewhat unexpected

His first victory tweet was to British actor and comedian Hugh Laurie for this message of congratulations

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