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Greece coalition deal 'expected soon' | |
(about 1 hour later) | |
The head of the small Greek Democratic Left party says he expects a deal later on Wednesday on a new coalition government, which he will support. | |
"We decided to give a vote of confidence to the government that will be formed," Fotis Kouvelis said. | |
He was speaking after talks with the conservative election winner Antonis Samaras, Reuters news agency reports. | |
New Democracy, led by Mr Samaras, is expected to lead the coalition, which may also include the centre-left Pasok. | |
Mr Samaras's three-day mandate to form a government expires on Wednesday. | |
It is unclear whether Pasok, which came third in the vote, will join the government, or merely support it. | It is unclear whether Pasok, which came third in the vote, will join the government, or merely support it. |
"We will have a government today," said a Pasok spokesman, quoted by the Associated Press. | |
Between them, the three parties would have a majority of 29 seats in parliament. | |
They all favour keeping Greece in the euro while wanting to renegotiate the terms of its EU-IMF bailouts, although they differ on the extent. | |
However, European leaders have indicated that there is limited room for manoeuvre and are expecting details on how the new government intends to make another 11.7bn euros (£9.4bn; $14.8bn) of cuts by 2014. | However, European leaders have indicated that there is limited room for manoeuvre and are expecting details on how the new government intends to make another 11.7bn euros (£9.4bn; $14.8bn) of cuts by 2014. |
New Democracy won 129 seats in Greece's 300-seat parliament on Sunday, followed by the radical anti-bailout party, Syriza, with 71, Pasok with 33 and the Democratic Left with 17. | New Democracy won 129 seats in Greece's 300-seat parliament on Sunday, followed by the radical anti-bailout party, Syriza, with 71, Pasok with 33 and the Democratic Left with 17. |