Greek opposition tries to form government but election looms - KXXV-TV News ... - KXXV News Channel 25
Associated Press ATHENS, Greece (AP) - Greece's main opposition party launched efforts to form a new government Friday following Prime Minister Alexis Tsipras' resignation, but made no progress in what appears a doomed task - which will pave the... Tsipras resigned late Thursday and called an early election next month to deal with a rebellion in his radical left Syriza party over the terms of Greece's new bailout deal. The opposition has few chances of uniting and forming a government, meaning that after more than five years of a worsening financial crisis, Greece is headed for its fifth national election in six years. His decision to call a vote so early - just hours after Greece started tapping loans from its 86 billion euro ($95 billion) rescue program - amounts to a bet that he can regain power with a new government that would not be hobbled by internal... They want to scrap the bailout altogether, arguing that the budget savings and reforms Tsipras agreed to for the bailout Iare exactly what they had vowed to fight when they came to power with Syriza in January. Faced with such dissent, it became only a matter of time before Tsipras called an election or confidence vote to confirm his mandate to implement the bailout reforms. Source: www.kxxv.com
