Greece's radical turn to the left to be confirmed in next month's election

When you consider that the radical socialist party Syriza won the second largest number of votes in last weekend's election, beating out the establishment socialist PASOK party for second place, the chances are pretty good that some form of far left coalition will emerge after the dust settles next month from the new vote. That vote has become necessary because the leader of Syriza, Alexis Tsipras, wants all austerity measures implemented in order to receive money from the EU/IMF bailout, to be lifted immediately and he refuses to join any coalition government that refuses to do so. Reuters: Greek Socialist leader Evangelos Venizelos is expected to turn over the responsibility of forming a unity government to the president of Greece on Saturday after failing to resolve a political gridlock and avert the need for new elections.On Friday, Venizelos announced the Radical Left Coalition, or Syriza, refused to join the socialists and conservatives in a unity government due to a...(Read Full Post)