Pro-referendum forces maintain momentum in Ireland

For me, one of the key questions about the recent French and Greek elections has been how those results would play in Ireland — would a firm anti-austerity wave across the continent make Irish voters more or less likely, in the upcoming May 31 referendum, to endorse the December fiscal compact agreed among all of the European Union members (except the United Kingdom and the Czech Republic)?

Surprisingly, perhaps, given the increasingly cynical response of Irish voters in these EU treaty referenda, the “Yes” vote camp still seems to be maintaining (or even strengthening) its lead over the “No” vote.  The latest poll shows 53% in favor of the treaty (an increase of 6% over the prior poll), with only 31% opposed.

The momentum comes even as German chancellor Angela Merkel finds herself increasingly on the defense against an emergent pro-growth (and anti-austerity) wing from both the periphery — e.g. Greece — and the heart — e.g. France, North Rhine-Westphalia — of the EU.

Say what you will about the current Eurocrisis, it is fascinating to watch the increasingly interlinked politics among the EU member states.  For the first time in EU history, notwithstanding decades of (politically meaningless?) European parliamentary elections, a bona fide European politics has emerged in the austerity/growth debate.  It transcends the traditional right/left axis of national politics and the very existential debate of federalism vs. intergovernmentalism.

Yesterday, Irish finance minister Michael Noonan argued that supporting the fiscal compact would send a message to the EU that Ireland is serious:

Mr Noonan said adopting the treaty will send a signal out to Europe that the Irish are serious, committed people, and committed to the repair job required for the economy.

If we vote No, he said, Europe will move on and we will be left with less than full membership of the eurozone.

To laughter from the audience at an economic summit organised by Bloomberg in Dublin this morning, Mr Noonan said he does not want Ireland to be a pavilion member of the eurozone “where you are allowed drink in the bar, but not play the course”. Continue reading Pro-referendum forces maintain momentum in Ireland

Who is Jean-Marc Ayrault?

On a day that François Hollande was inaugurated and held his first meeting with German chancellor Angela Merkel, his appointment of a new prime minister in Jean-Marc Ayrault may be the third-most important news of day in French politics.

Nonetheless, Ayrault’s appointment to lead Hollande’s government is the first clear sign we have of how Hollande might govern over the next five years, long after the bloom of his (short) inaugural honeymoon is over and with many, many more meetings between the two leaders of the Franco-German axis that has traditionally moulded the European Union’s direction.  It’s not quite a surprise, given that Hollande seemed to hint at the appointment last week when he said his prime minister “must know the Socialist Party well, its left-wing members of parliament and be on the best of terms with me.”

Ayrault, also the mayor of Nantes, has served as the president of the Parti socialiste parliamentary group in the Assemblée national since 1997, when Hollande was chairman of the Parti socialiste. The two worked hand-in-hand during the ‘cohabitation‘ government of prime minister Lionel Jospin, who served simultaneously with President Jacques Chirac from 1997 until the 2002 election when Jospin, in a shock result, was edged into third place by the Front national‘s Jean-Marie Le Pen.

As Le Monde put it:

Ce sont deux sociaux démocrates, deux adeptes du compromis, deux européens convaincus qui se sont donnés pour mission d’apaiser la France et de la redresser. (“The pair are both Social Democrats, both supporters of compromise, both Europeans who believe their task will be to soothe France and also to reform it.”)

Known as a quiet pragmatist, a “normal” prime minister for a “normal” president (in a presidency that may come to be more reminiscent of Pompidou rather than Mitterand), Ayrault is notably moderate, notably uncharismatic and notably Germanophile — he is a former German teacher.

So what does Ayrault’s appointment indicate about Hollande’s thinking?  Continue reading Who is Jean-Marc Ayrault?

Former Alberta premier Stemlach: Climate change doomed Wildrose

In the aftermath of the upstart conservative Wildrose Party’s electoral freefall in last month’s Albertan provincial election, former Albertan premier Ed Stemlach earlier this week claimed that Wildrose leader Danielle Smith’s comments on climate change may have been the decisive factor that sent Albertan voters running back to the long-standing Progressive Conservatives:

“These are serious matters,” he told reporters…. “You’re going to go to Europe today and tell them you don’t believe in climate change? And you are going to sell them oil?”

Stemlach said that’s the question he heard at the doors while campaigning for Tory candidates during the election.

“You don’t have to believe in it or disbelieve it. That’s not the issue,” he explained. “Your customer is demanding it, so if you are selling black suits and your customer wants white, what are you going to do? Convince them that black is white?”

 

Although the Wildrose had been tipped to win the election from nearly the moment it was announced, and although prime minister Stephen Harper and the federal Conservative Party was seen as informally backing Smith and Wildrose, it lost badly to the PCs in the April 23 election, winning just 17 seats in the provincial legislature with 34.3%, far behind the PCs with 44.0% and 61 seats.  The Liberal Party and the New Democratic Party languished in third place, with just under 10% each and five and four seats, respectively.  Continue reading Former Alberta premier Stemlach: Climate change doomed Wildrose

New Greek elections imminent amid alarm over potential euro exit

With each of the top three leaders exhausting their mandate to form a government following the May 6 Greek elections, and with Greek president Karolos Papoulias failing in his attempt to bring party leaders together to form a caretaker, technocratic government of non-political leaders, Greece will head to the polls again in June, as concern swept the eurozone that Greece’s exit from the single currency might be imminent.

The election will pit center-right New Democracy (Νέα Δημοκρατία) and center-left PASOK (Panhellenic Socialist Movement – Πανελλήνιο Σοσιαλιστικό Κίνημα) against SYRIZA (the Coalition of the Radical Left — Συνασπισμός Ριζοσπαστικής Αριστεράς)  and a stable of various anti-austerity parties on both the left and the right.  In the prior May 6 election, ND won 18.85% of the vote and 108 seats in the Greek parliament; SYRIZA finished a strong second with 16.78% and 52 seats, besting PASOK at 13.18% and 41 seats. PASOK had won the previous 2009 elections and had joined in a unity coalition in November 2011 alongside ND to support Greece’s bailout and accompanying budget cuts.

The battle for first place — under Greek election law, the first-place winner takes an automatic bonus of 50 seats in the Hellenic parliament, while the remaining 250 seats are distributed proportionally among all parties achieving over 3% support — will be between New Democracy and SYRIZA, however, and their leaders were quick to point fingers at one another Tuesday for the breakdown over a potential government. Continue reading New Greek elections imminent amid alarm over potential euro exit

Hollande inaugurated, names Ayrault as prime minister, flies to Berlin

Newly inaugurated president François Hollande’s flight was struck by lightning en route to Berlin earlier today to meet with German chancellor Angela Merkel — hopefully, not an omen of things to come.

Omen or not, Hollande cannot expect to have any honeymoon after a subdued inauguration.

Hollande also named longtime ally Jean-Marc Ayrault as his prime minister. Ayrault, the president of the Parti socialiste parliamentary group in the Assemblée nationale since 1997, had been considered among the frontrunners for the position.

In his brief address, Hollande emphasized many of the same themes of his campaign: that budget discipline must not come at the expense of potential GDP growth:

“Power will be exercised at the summit of the state with dignity and simplicity,” Hollande declared in an inaugural address to Socialist leaders, trade unionists, military officers, churchmen and officials.

“Europe needs plans. It needs solidarity. It needs growth,” he said, renewing his vow to turn the page on austerity and invest for the future, and implicitly underlining his differences with Merkel.

“To our partners I will propose a new pact that links a necessary reduction in public debt with indispensable economic stimulus,” he said.

“And I will tell them of our continent’s need in such an unstable world to protect not only its values but its interests.”

 

 

“Islam-is-good-for-business”: A new model for Islamist parties?

With the presidential election in Egypt looming in just nine days, and with last week’s Algerian parliamentary election resulting in somewhat freer and fairer voting, Fawaz A. Gerges pen a very thoughtful piece in openDemocracy about the marriage of free-market capitalism and Islamism:

Islamist parties are increasingly becoming “service” parties: an acknowledgment that political legitimacy and the likelihood of re-election rests on the ability to deliver jobs, economic growth, and to demonstrate transparency. This factor introduces a huge degree of pragmatism in their policies. The example of Turkey, especially its economic success, has had a major impact on Arab Islamists, many of whom would like to emulate the Turkish model. The Arab Islamists have, in other words, understood the truth of the slogan, “It is the economy, stupid!” The Turkish model, with the religiously observant provincial bourgeoisie as its kingpin, also acts as a reminder that Islam and capitalism are mutually reinforcing and compatible.

It is notable that the Islamists’ economic agenda does not espouse a distinctive “Islamic” economic model. This is unsurprising, however, as an Islamic economic model does not exist. Islamists suffer from a paucity of original ideas on the economy and have not even developed a blueprint to tackle the structural socioeconomic crisis in Arab societies.

Nevertheless, what distinguishes centrist religious-based groups from their leftist and nationalist counterparts is a friendly sensibility toward business activities including wealth accumulation and free-market economics. Islamism is a bourgeois movement consisting mostly of middle-class professionals, businessmen, shopkeepers, petty merchants and traders.

If there is a slogan that best describes Islamists’ economic attitude, it would be: “Islam-is-good-for-business”.

June Greek elections now almost certain

Here’s your Monday update on the Greek coalition talks.

All three of the top party leaders have been unable to form a government, and President Karolos Papoulias, over the weekend, has been unable to bring the top leaders together to join a unity government.

New elections, likely to be held June 17, are now all but certain:

Greece’s biggest anti-bailout party, SYRIZA, defied overtures to join the government Sunday, deepening the impasse. Leader Alexis Tsipras won’t attend a new meeting called by Papoulias Monday for 7:30 p.m., state-run NET TV reported, without saying how it got the information.

“SYRIZA won’t betray the Greek people,” Tsipras said in statements televised on NET TV after the meeting with Papoulias and the leaders of the New Democracy and PASOK parties. “We are being asked to agree to the destruction of Greek society.”

Papoulias spent the day trying to coax the country’s three biggest parties into a coalition after a week of talks failed to deliver on mandates to form a government. If Papoulias’s efforts fail, new elections will need to be called. Monday’s meeting will be with the leaders of two of the three biggest parties, and the head of the smaller Democratic Left party, NET said.

Greece’s political impasse since the inconclusive May 6 election has raised the possibility another vote will have to be held as early as next month, with polls showing that could boost anti-bailout SYRIZA to the top spot. The standoff has reignited concern the country will renege on pledges to cut spending as required by the terms of its two bailouts negotiated since May 2010, and, ultimately, leave the euro area.

Election results: North-Rhine Westphalia

Results are in from North-Rhine Westphalia, and the vote went as expected: a resounding victory for the current coalition government: the Sozialdemokratische Partei Deutschlands (the Social Democratic Party) and Die Grünen (the Green Party) both improved on their current representation in the Landtag, the parliament of Germany’s largest state.

The SPD now holds 99 seats (an increase of 32) and the Greens hold 29 seats (an increase of six), giving NRW premier Hannelore Kraft’s government a commanding majority in the Landtag.

The Christlich Demokratische Union (Christian Democratic Union) finished a poor second with just 67 seats, while the Freie Demokratische Partei (Free Democrats) will not only remain in the Landtag, but will hold 22 seats, an increase of nine.  Finally, the Piratenpartei Deutscheland (Pirate Party) will enter its fourth state parliament with 20 seats.  Die Linke (the Left Party) won 2.5%, below the 5% of support required to win seats under the proportional representation election system in NRW.

On Friday, I had set forth four key questions for the NRW — and we now have the answers: Continue reading Election results: North-Rhine Westphalia

Tadić leads after first presidential vote; DS and Socialists seek to form government

Final election results have been announced in last Sunday’s joint presidential and parliamentary elections in Serbia.

In the parliamentary election, the more nationalist center-right Serbian Progressive Party (Српска напредна странка / SNS) finished first in parliamentary elections, followed closely by the longtime governing center-left Democratic Party (Демократска странка / DS).  The largest surprise, however, was the strength of the third-place winner, the Socialist Party of Serbia (Социјалистичка партија Србије / SPS), the one-time party of Serbian strongman Slobodan Milošević, but now a nationalist, but firmly pro-EU center-left party in Serbia.

In the presidential race, President Boris Tadić (the DS candidate, pictured above) finished first with 25.31%, followed closely by the SNS candidate, Tomislav Nikolić at 25.03%.  Nikolić is running for the third time against Tadić, who has been Serbia’s president since 2004.  The SPS candidate, Ivica Dačić, won 14.23%.

In the meanwhile, the official results of the parliamentary elections saw the SNS win 73 seats on 24.04% of the vote, the DS win 67 seats on 22.11% of the vote and the SPS win 44 seats on 14.53% of the vote, as predicted by early returns.

Three other parties will have significant representation in the National Assembly as well:

  • Former prime minister Vojislav Koštunica’s Democratic Party of Serbia will hold 21 seats on 7.00% of the vote.
  • The “Turnover” / “U-Turn” coalition of various parties, competing for the first time in 2012, will hold 19 seats on 6.52% of the vote.  The coalition features the Liberal Democratic Party, whose leader Čedomir Jovanović served as deputy prime minister briefly in 2003-04.
  • The United Regions of Serbia coalition, centered around the pro-decentralization, center-right G17 Plus party (whose leader Mlađan Dinkić has served as minister of finance and deputy prime minister in past coalition governments from 2004 to 2011), won 16 seats on 5.49% of the vote.

Dačić last week announced he would support a coalition government headed by the DS (and not the SNS), which makes it likely that Dačić could become prime minister.  Although the two parties hold 117 seats in the National Assembly, they will have to include other small parties, most likely the pro-business United Regions of Serbia group, in order to achieve a majority.

With SNS accusations of vote fraud swirling, and with protests of the prior vote taking place over the weekend, Nikolić announced that he would indeed take part in the May 20 runoff, rather than boycotting the vote.

Tadić, however, leads Nikolić by a margin of 58% to 42% in a poll released earlier this week, with relatively stronger support for Tadić by younger voters.

The candidates are scheduled to debate on Wednesday in advance of the Sunday’s vote.

Four questions for Sunday’s North Rhine-Westphalia state elections

Voters in Germany’s largest state, North Rhine-Westphalia, go to the polls on Sunday, May 13, to elect a new Landtag, the state parliament of NRW.

Politics in NRW, home to nearly 18 million Germans, is often seen as a barometer of German federal politics — it falls in the one-time industrial heartland of Germany, and the state lack neither the leftward tilt of the former East Germany nor the rightward tilt of Bavaria in Germany’s south.  State elections in NRW in 1995 foreshadowed the federal election of Gerhard Schröder, just as NRW elections in 2005 foreshadowed the success of current German chancellor Angela Merkel.

Barring any major surprises, however, the current government headed by a “Red-Green” coalition of the Sozialdemokratische Partei Deutschlands (the Social Democratic Party) and Die Grünen (the Green Party) under NRW premier Hannelore Kraft will improve on its success from the 2010 NRW legislative election.

The SPD has consistently led polls with around 37% to 40% of the vote to just 30% to 33% for the Christlich Demokratische Union (Christian Democratic Union) of Merkel and Norbert Röttgen, who is running against Kraft in the NRW election and who also serves as the federal deputy of the CDU and the environmental minister in Merkel’s government in Berlin.  Early elections were called in March, after the Freie Demokratische Partei (Free Democrats) caused the government’s budget to fail — rather than abstaining from the vote, it opposed the budget, thereby resulting in snap elections.

Given that the CDU has never been expected to win the state election on Sunday, it is unlikely to spur any crisis for Merkel at the federal level, but that doesn’t mean the election won’t have an impact on federal elections — with a German general election on the horizon in 2013, here are four key questions about the NRW election, each of which could ripple through federal politics: Continue reading Four questions for Sunday’s North Rhine-Westphalia state elections

FLN wins Algerian election; Islamist ‘Green Alliance’ coalition alleges fraud after weak third-place finish

The first news of an election result from Thursday’s Algerian parliamentary elections has trickled in.

It appears that the National Liberation Front (Front de Libération Nationale, or FLN) has won 220 of the 462 seats in the parliament.

The National Rally for Democracy, the party of Algeria’s current prime minister Ahmed Ouyahia, won second place with 68 seats, giving the government a comfortable majority at a time of incredible disenchantment within Algeria.

The alliance of Algeria’s top Islamist parties, the so-called ‘Green Alliance’, won third place with just 48 seats, fewer seats than the parties previously held in the prior parliament, even though the number of seats in Algeria’s parliament has been expanded by 73 seats.

The Socialist Forces Front appears to have won 21 seats (it currently had no representation) and Louisa Hanoune’s Worker’s Party has won 20 seats (down from 26 in the previous assembly) — both are leftist, secular parties.  No other party won seats in double digits.

Color me skeptical, but I have doubts about just how free and fair the elections were on the basis of a result that gives the government a comfortable majority — the government also claims that turnout has been just under 45%, which is significantly higher than the 2007 election and after a campaign noted for massive apathy about the efficacy of Thursday’s vote.  The Green Alliance has already alleged widespread fraud on the basis of its own observations.

The FLN has ruled Algeria since 1962, and is itself a manifestation of the resistance group that fought for independence in the late 1950s and early 1960s in Algeria’s bloody war against France.  It is the ossified party of President Abdelaziz Bouteflika, who has attempted to use the parliamentary election as a showcase of limited reforms that he has claimed have led to a more open Algeria in the face of ‘Arab spring’ protests in the Middle East, protests that have forced three longtime dictators out of power in North Africa since January 2011.  Continue reading FLN wins Algerian election; Islamist ‘Green Alliance’ coalition alleges fraud after weak third-place finish

Kouvelis refuses to join unity Greek government without SYRIZA; Samaras attacks Tsipras

So the latest in the Greek drama over forming a coalition government is vaguely predictable.

Yesterday’s signs of an early breakthrough between PASOK (under the leadership of Evangelos Venizelos) and the Democratic Left (under the leadership of Fotis Kouvelis) crumbled today after it became clear that Kouvelis’s idea of a unity government must include the more radical SYRIZA (under the leadership of Alexis Tsipras).

Any unity government would also have to feature New Democracy (under the leadership of Antonis Samaras), which, as the top vote-winner in Sunday’s election, will hold 108 seats in the Hellenic parliament.

But as I noted yesterday, New Democracy and SYRIZA are simply too far apart in their approaches to the bailout in order to form any viable coalition.

Indeed, if any broad pro-bailout coalition were possible, Samaras would have likely formed it when he had the first opportunity to form a government earlier this week.  If any broad anti-austerity coalition were possible, Tsipras, whose SYRIZA finished a strong second in Sunday’s election would have likely formed it as well.

Meanwhile, Samaras has attacked Tsipras and SYRIZA in a lively forecast of the right’s attack in any future election campaign.  With Sunday’s election behind us, the battle lines are clearly drawn, and a new election will be a clearer showdown between the Samaras view and the Tsipras view — Samaras will run as the champion of austerity, arguing that it’s the only way to guarantee Greece’s continued membership in the eurozone; Tsipras will run as the champion of renegotiating Greece’s position, arguing that the current deal is strangling any chance of economic growth in Greece.

If the talks crumble, as expected, Greece’s president will bring together the top party leaders for one last attempt to implore a national unity government; if that fails, the next option will be new elections in June — polls show that new elections would find Tsipras’s hand strengthen and the anti-austerity left in a much clearer position to form a government.

Algerian government announces higher turnout, election results expected Friday

Algerians went to the polls Thursday for what have been billed as the first free and fair parliamentary elections in over 20 years.

No results are expected until Friday, but the Algerian government has announced a higher-than-expected turnout — at 42.9% turnout, it is higher than the 35% turnout recorded in the 2007 election.  Algeria’s government, under longtime president Abdelaziz Bouteflika, was looking for a robust turnout to mark support for the limited reforms it has introduced since the ‘Arab Spring’ revolts swept the Middle East since January 2011.

Notwithstanding the government’s efforts, the fairly limited powers of Algeria’s parliament and widespread skepticism among Algeria’s relatively youthful electorate have resulted in widespread apathy about Thursday’s election.

The two main groups vying for power are the longtime governing party, the National Liberation Front (Front de Libération Nationale, or FLN), and various Islamic parties, many of which are competing under a joint ‘Green alliance’ banner.

Foreign observers reported “general satisfactory” conditions:

The head of the European Union observation mission, Jose Ignacio Salafranca, told reporters that polling was conducted in “generally satisfactory” conditions.

Foreign observers totalled 500 to cover a country four times the size of France — Algeria is Africa’s largest nation — and they were denied access to the national voters roll.

The Algerian electoral commission said it had received dozens of complaints, including some concerning two ministers who are accused of campaigning around polling stations and now face legal proceedings.

Who is Fotis Kouvelis?

With Fotis Kouvelis, the head of Greece’s Democratic Left (Δημοκρατική Αριστερά), the most moderate of the three vaguely anti-bailout leftist groups to thrive in Sunday’s election, now in discussions with Evangelos Venizelos, the former finance minister and the leader of center-left PASOK, to form a national unity government, the center spotlight of Greek — and European politics — now shines on Kouvelis, who was ranked the most popular party leader throughout the election campaign.

Kouvelis, at 63 years old, is as soft-spoken and understated as his young leftist rival Alexis Tsipras is brash:

Avoiding the fiery rhetoric and bombastic speeches popular with Greek politicians, Kouvelis speaks in a measured tone and is seen as a figure who can restore the country’s dignity.

”Political intensity and the power of a stance or a proposal cannot be found in yelling, but in the content of what you have to say,” Kouvelis told Reuters.

Pledging to ditch austerity policies without jeopardizing Greece’s membership of the euro zone, Kouvelis has successfully lured away former PASOK voters disillusioned with the Socialist party’s support for unpopular wage, spending and pension cuts.

A fixture in Greek politics since the 1980s, he has been a member of parliament since 1989 (except for a brief spell from 1993 to 1996), and served briefly in 1989 as a minister of justice.

Kouvelis formed the Democratic Left in 2010 with fellow members of Synaspismós, the leading party in the SYRIZA group that Tsipras leads, over differences with Tsipras’s more radical opposition to the bailout and Greek budget cuts.  Prior to Sunday’s election, the Democratic Left held 10 seats in the prior Hellenic parliament — four former SYRIZA MPs and six former PASOK MPs who joined the Democratic Left only in March 2012.  On Sunday, the Democratic Left won 19 seats and nearly 7% of the vote.

Kouvelis has walked a tight line throughout the election campaign — he strongly supports Greece’s continued membership in the eurozone and his party’s slogan has been “the responsible left,” and throughout the campaign, he refused to join forces with SYRIZA.  After Sunday’s vote, he also seemed to rule out a coalition with PASOK and the center-right New Democracy as well.  Nonetheless, he has strongly opposed the harsh austerity and other terms mandated by the bailout Greece has received — his program has emphasized the renegotiation of Greece’s bailout, including some debt forgiveness from the European Central Bank.  He also favors stimulus spending to bring Greece out of its current near-depression economic conditions.

If he is serious about joining a coalition with PASOK, the key question will be how far PASOK (and New Democracy, if it joins any such unity coalition) is willing to consider a renegotiation of those terms.

If any such coalition succeeds, Kouvelis will reap the political benefits of pulling the pro-bailout parties into an acknowledgement that the current bailout terms are too harsh, bringing some relief to Greece’s economy and a reprieve from the harshest elements of its austerity program, and restoring some stability to Greece’s politics — for a while — without drawing the international ire that would result from a further debt default or a return to the drachma.

Venizelos gets the mandate, but new elections still probable in Greece

UPDATE, 2:45 pm ET: After Venizelos (left) met with Kouvelis (right) earlier today, it appears that Greece is a bit closer to forming a governing coalition, although it remains unclear to me which parties would join such a unity coalition:

“The moment of truth is approaching for everyone,” said Kouvelis, who has so far had a guarded approach to entering a unity government. “I propose the formation of an ecumenical government made up of trustworthy political figures that will reflect and respect the message from the elections.”

Kouvelis, whose appeal seemed to be directed at [SYRIZA] and New Democracy, added that this government should have a specific goal.

“This government’s mission, which will have a specific program and timeframe that will last until the European elections of 2014, will be twofold: Firstly, to keep the country in the European Union and euro and, secondly, to being the gradual disengagement from the [EU-IMF] memorandum.”

Kouvelis had previously indicated his willingness to join a SYRIZA-led coalition, and Venizelos will meet with Tsipras and Samaras on Friday.

Together, PASOK, SYRIZA and the Democratic Left would only command 119 seats, but a coalition of New Democracy, PASOK and the Democratic Left would command 168 seats.  Based on the past 72 hours, I cannot see any unity government that would bring together New Democracy and SYRIZA into the same government, so I think that any Kouvelis-endorsed coalition would include New Democracy and not SYRIZA.

Although Kouvelis has been touted as a potential prime minister, it is hard to see Samaras standing down as prime minister in favor of Kouvelis — it is New Democracy, after all, that would contribute 108 of the 168 seats in such a coalition.

One possibility, perhaps, is that Venizelos is willing to pull PASOK further away from its pro-bailout position and from its former caolition partner, New Democracy.  If the 33 seats from the center-right, but anti-bailout Independent Greeks are somehow in play: a PASOK-SYRIZA-Democratic Left-Independent Greeks coalition would carry 152 seats.

The supposed breakthrough comes as the first post-election poll shows that SYRIZA would win a second vote in June with 27.7% to just 20.3% for New Democracy and with PASOK languishing in third place at 12.6%.  With SYRIZA’s popularity climbing, Venizelos and Kouvelis know that it will come largely at the expense of their own parties, which may be driving them toward a coalition government, thereby avoiding new elections.

Stay tuned!

Continue reading Venizelos gets the mandate, but new elections still probable in Greece

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