Together with Pasok party and the Democratic Left, a small party that won only 16 percent of the vote, Mr. Samaras forms a New Government.
Mr. Samaras had supported the bailout. After the May elections, in which New Democracy and Pasok suffered a drubbing while Syriza made big gains, Mr. Samaras has said he will seek to soften the deal’s terms; but soon, Mr. Samaras will be forced to make massive spending cuts to carry out the country’s “obligations” according to the Memorandum…
Syriza party stated it will fight if the new government does not repudiate the most onerous terms of Greece’s loan deals.
Meanwhile, the departmental finance minister George Zanias will represent Greece at the meeting of Eurogroup on Thursday, and Ecofin on Friday. Mr. Zanias will ask the Finance Ministers of the Euro zone for a time extension of two years to reduce the deficit (until 2016).
Prime Minister Antonis Samaras
Ministry of Interior
Minister: Euripides Stylianidis
Undersecretary: Charalambos Athanassiou (former president of the Judges Association)
1. NEW DEMOCRACY: 30.11% - 130 seats
2. SYRIZA: 26.49% - 70 seats
3. PASOK: 12.60% 34 seats
4. INDEPENDENT GREEKS 7.43% 20 seats
5. GOLDEN DAWN 6.93% 18 seats
6. DEMOCRATIC LEFT 6.05% 16 seats
7. KKE 4.52% 12 seats
None of the other parties is near the 3% threshold. Minor changes (+/- 0.5%) might occur at the final results.
Antonis Samaras made a statement from Zappeion:
The first exit polls show that New Democracy party will get between 30.5 per cent and 27 per cent,the left-wing Radical Left Coalition of Syriza between 30 per cent and 27 per cent and PASOK between 12 per cent and 10 per cent:
1. NEA DIMOCRATIA: 27.5% – 30.5%
2. SYRIZA: 27% – 30%
3. PASOK: 10% -12%
4. INDEPENDENT GREEKS 6% – 7.5%
5. CHRYSI AVGI 6% – 7%
6. DEMOCRATIC LEFT 5.5% -6.5%
7. KKE 5% -6%
In another exit-poll by "Public Issue" for SKAI TV, Syriza seems to be the winning party with 25-31%:
People of Greece voted for the second time in six weeks in the elections that determine the fate of the crisis-hit country and maybe the future of the euro currency!
First exit polls will be published just after 7 p.m (Athens) when voting ends. The first official estimation will be released around 9:30 p.m.
New Democracy party comes 2nd with 24% and PASOK was with 15%.
The poll also reveals an eight-party parliament:
Syriza is probably the country's most popular party since there are no information about the two ex-major parties...
The international news agency Dow Jones Newswires, reported that Syriza is now garnering around 25% of the vote--up from the outcome of the 6th of May elections when it gathered 16.8% of the votes, two percentage points behind New Democracy's 18.9%.
Three parties are fighting (New Democracy, Syriza, PASOK) for the top spot in the country's critical parliamentary elections, with no definitive front-runner and none gaining enough votes to form a government!
The first exit polls show that New Democracy party will get between 17 per cent and 20 per cent, PASOK between 14 per cent and 17 per cent, and the left-wing Radical Left Coalition of Syriza, between 15.5 per cent and 18.5 per cent!
Exit polls of the Greek media:
Nobody can predict what will happen next Sunday... The two (ex?) major parties are trying to gather their powers and find a strategy that will allow to reduce leakages of voters due to the memorandum... After all, the two parties have common political plans that are focused on the European commands for austerity and budgetary consolidation, and it is almost sure that they will join their forces in a possibly coalition government.
Of course this could happen only if PASOK and New Democracy parties manage to reach a total percentage around 38% (despite the 50-seat bonus that the 1st party will receive due to the electoral law) of the electorate to pass the 150+1 seat limit and gain the absolute majority in the 300-seat Parliament
An arrest warrant was issued early in the morning based at the prosecutor’s investigation on how the former Minister and MP of PASOK party acquired his assets and charges which refer to false tax declaration in 2009 and money laundering...
"We are going to the investigating judge, we'll talk over there," said Tsohatzopoulos before he was transported the to the Courts.
Mr. Pangalos, during an interview for NET TV has announced his decision to quit politics:
"I made this decision as I have already been in parliament for 35 years and it's time to hand over the baton to the young," Pangalos stated.
In addition, the Deputy prime minister commented on the scenarios for a "PASOK-N. Democracy" government since the political autonomy seems impossible on the upcoming elections:
"The two major parties have shown that they cannot govern together even if a large part of the decisions to be made is prescribed."
New Democracy party agreed with PASOK to proceed with changes on the Greek Constitution immediately after the elections... The 2 parties want to increase the power of the major parties inside the parliament in order to be able to implement their political decisions more easily...
More specifically, PASOK and ND want to increase the government's mandate to 5 years and also increase the total number of MPs (!). In addition, the two parties are promoting changes to the electoral law to ensure greater power in the major parties in order to ensure that the elected government will be able to implement its policies without major reactions inside the parliament...
In addition, no-confidence motions against the government (Article 34, paragraph 2 of the Constitution) will only be submitted accompanied with a proposal for a new prime minister (like the German model).
Finally, the dissolution of Parliament will only be feasible if more than the 2/3 of the MPs vote positively (like the regulation introduced recently in the British parliament).
It looks like the following elections is the only chance in order to change something in our rotten political system...
Mike Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), gave an enlightening interview to Paul Jay from RealNews.com talking about what's happening now in Greece from a financial but nevertheless pretty understandable point of view.
Click on "Continue Reading" to watch the video.
"These measures are not only tough but also painful for the working people!" said Mr. Koutsoukos and he added
“Our lenders ignored our arguments and suggestions in a blackmailing way… Our initial fears for the true purposes of the IMF have been confirmed. It is obvious they serve certain interests since the ignore negative effects of the measures in our country's economics and the recession.”
In addition, a few hours ago, the parliament member of PASOK party Pavlos Stasinos has also resigned, showing opposition to the cruel policies of the government!
A group of people was gathered yesterday outside a tavern in Korydallos - Athens , where the Minister of Development, Competitiveness and Shipping, Michalis Chrisochoidis, met with his political friends concerning the leadership of PASOK party.
The news for the minister's presence in the area we spread very quickly and more than 100 citizens were gathered outside the tavern within minutes.
People shouted slogans and booed the Minister who has recently stated that he did not have time to read the memorandum.
Police prevented the demonstrators to approach Mr. Chrisochidis and three citizens were arrested and released after some hours.
Police officer of DIAS motorcycled team managed to stop him and asked for his personal data.
Αccording to the police, the former Minister refused to take an alcohol test and swore the cops! Moreover, he injured a 25 year old policeman with his car trying to escape!
The police arrested Mr. Koulouris. After his testimony the former minister was released and the incident file was sent to the prosecutor.
The injured policeman was taken to the hospital.
Of course the most surprising part of the story is that the former minister was released after such a serious incident...
According to latest information, the new Prime Minister, Lucas Papademos, is preparing a government reshuffle.
The Greek media are reporting that the national salvation government can no longer continue to function! A large number of cabinet ministers are putting their party ahead of their roles...
The race for the new leader of the Pasok party plays an important role in the dysfunction of the current government!
A new loan, this time by the Bank of Attica, was granted to PASOK and New Democracy parties to meet their financial needs. The projected state funding for the second half of 2011 has not been paid and the two parties are unable to pay even the salaries of their staff. Therefore, the two major parties continue to use the common practice of borrowing money with future state funding as guarantee!
PASOK and New Democracy owe approximately 235 million to state banks with the state funding if 2015 as guarantee. Despite this fact, the Agricultural Bank has given credit for 200 million secured by accepting the grant and the year 2019 !!!
These new loans have caused the reaction of the "Democratic Alliance" party, which on several occasions in the past has asked the reduction of state funding for political parties! Member of the "Democratic alliance" stated:
PASOK government received a vote of confidence after Prime Minister's speech in front of the parliament. PM Papandreou promised to start conversations with all the opposite parties in order to form a government of unity.
Mr. Samaras, the leader of the main opposition party (New Democracy) has stated earlier today that will only accept a government of unity which will lead the country into elections in six weeks.
PM Papandreou and his finance Minister Venizelos have made clear that the new government will not lead Greece to elections until the end of February!
It is quite unclear which will be the political developments in Greece the next days, since none of the political leaders seems to be ready to cooperate for the benefit of the nation.