Greek PM Could Call Elections if Reform Support Needed

Greece’s problems are far from over as the country’s leftwing prime minister warned that he might be forced into calling an early election if he does not have the support of his party to push through key reforms.

Speaking to a local radio station Wednesday, Alexis Tsipras said: “I would be the last person to want elections, if I had the secured parliamentary majority to make it through to the end of the year,” he said, Reuters reported.

“But if I don’t have a parliamentary majority, we will be forced to go to elections.”

Tsipras’ warning comes as talks between Greece and its lenders over a third 86 billion euro ($95.1 billion) bailout are supposed to get underway on Wednesday, but there are already doubts over whether a deal can be signed, sealed and delivered before the next billion euro debt to lenders is due.

Nerves are already frayed on both sides, given the political tensions in Greece over the controversial austerity measures and reforms that had to be passed at a record pace over the past two weeks in order to get a bailout deal.

via CNBC

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