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Greece forms new government

Wednesday, June 20, 2012 - 01:14

June 20 - Greek politicians say they have agreed to form a conservative-led coalition government after the New Democracy party won in Sunday's elections. Sarah Sheffer reports.

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Greece party leaders say they have agreed on a new government. A conservative-led coalition government will now lead the debt-stricken country after the New Democracy party came out top in Sunday's elections. With parliament settled, there is still no word on who will serve in the new cabinet, however PASOK party leader Evangelos Venizelos reported that talks will begin by this evening. He also said the parties agreed to form a team to renegotiate the tough austerity conditions imposed on the country by international leaders. New Democracy leader Antonis Samaras will be sworn in as prime minister later on Wednesday. One of his party's MPs was upbeat about the new government. (SOUNDBITE) (English) NEW DEMOCRACY MEMBER OF PARLIAMENT ADONIS GEORGIADIS OUTSIDE PARLIAMENT SAYING: "The government will be strong government that will do what is needed, be sure about that. Greece will be the best good surprise for everybody." The new government will face pressure to soften the bitterly resented austerity measures demanded of Greece under a 130 billion euro bailout deal agreed upon with the EU and the IMF in March. Sarah Sheffer, Reuters

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Greece forms new government

Wednesday, June 20, 2012 - 01:14