Greece Struggles to Form Government, Unsure about Reform
10 May 2012
Greece's Socialist leader Evangelos Venizelos speaks to reporters after his meeting with Democratic Left leader Fotis Kouvelis at the Greek Parliament in Athens Thursday
This is the VOA Special English Economics Report.
The Olympic flame was lit in Greece Thursday.
(SOUND)
The ceremony marked the beginning of a long trip through Greece and Britain, which holds the Summer Olympics this year.
Greece has been at the center of a political and economic struggle that threatens many of Europe’s economies. It remains unclear if Greece will continue using the euro or if its Eurozone partners can enact reforms needed to hold the currency group together.
On the day the Olympic flame was lit, Greek Socialist leader Evangelos Venizelos began an attempt to form a new government. It marked the third attempt to form a government this week after parliamentary elections last Sunday.
First, the conservative New Democracy party attempted and failed. Then the leader of the leftist Syriza coalition, Alexis Tsipras, also failed. He said that the election results showed the Greek people had rejected deep budget cuts required by international creditors.
Mister Venizelos heads the PASOK party, which took third place in the elections. Experts have questioned whether he can form a government. That means the Greek President may ask parties to form an emergency coalition. If that does not work, new elections could be called.
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