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Greek conservatives fail to form coalition gov't

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¡¡¡¡ATHENS, May 7 (Xinhua) -- Greek conservative New Democracy(ND) party leader Antonis Samaras said on Monday that he failed to form a national government of the debt-laden country, handing the task to the leftist Syriza party.

¡¡¡¡Samaras, as chief of the party that ranked first with about 19 percent of votes, had received the exploratory mandate from President Karolos Papoulias earlier on Monday afternoon.

¡¡¡¡He held a round of separate talks with all leaders of the parties that enter the new parliament with the exception of the neo-fascist Cryssi Avgi (Golden Dawn), seeking common ground for the formation of a national unity government that ended up fruitless.

¡¡¡¡"We did everything possible, but it was not feasible... I formally informed the President over the handing back of the mandate," he said in a statement.

¡¡¡¡Samaras had called for the formation of a national salvation administration with two goals -- to keep Greece within the eurozone and amend the recession-fuelling austerity aspect of the bailout agreements signed with European Union and International Monetary Fund creditors over the past two years to avert a Greek chaotic default.

¡¡¡¡However, deliberations collapsed quickly over "diametrical differences" regarding the composition of such a government and its policies.

¡¡¡¡Meanwhile, leftist Syriza coalition leader Alexis Tsipras, as head of the party which came second in the polls, leading the anti-bailout block, is expected to receive the mandate from the president on Tuesday and try to form a "progressive anti-austerity coalition."

¡¡¡¡If he could not manage to form a national government over the next three days, according to the Greek Constitution, the third party gains the opportunity and if it also fails, the country would head to a second round of elections, most likely mid-June, said local media commentators.

¡¡¡¡Related:

¡¡¡¡Greek conservatives win general elections, no parliamentary majority

¡¡¡¡ATHENS, May 7 (Xinhua) -- The Greek conservative New Democracy(ND) party won Sunday's critical general elections that could decide the debt-laden country's economic fate, but fell far short of a parliamentary majority, according to the final official results released Monday.

¡¡¡¡Pro-bailout ND was placed first with 18.85 percent of the vote and 108 seats in the 300-member strong new legislature, outgoing Parliament Speaker Philippos Petsalnikos announced. Full story

¡¡¡¡Greek general polls outcome fuels anxiety over economic future

¡¡¡¡ATHENS, May 6 (Xinhua) -- Greece's general May 6 elections results by late Sunday had fuelled anxiety over the debt-laden country's economic future with political uncertainty adding to the mix, indicating no party wins parliamentary majority to show clearly the way out of the crisis, local parties and analysts noted. Full story

¡¡¡¡Greek conservatives lead national polls: preliminary results

¡¡¡¡ATHENS, May 6 (Xinhua) -- Greek conservative New Democracy party came in the first place in the country's general elections with 20.99 percent of national votes, but failed to secure a clear parliamentary majority, preliminary official results showed on Sunday. Full story

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