Talk of snap election flares as Greek crisis deepens

Talk of snap election flares as Greek crisis deepens

[Ed. – Wait.  They just had an election.  Can Merkel keep walking this tightrope?  Can the EU?]

The worsening Greek debt crisis has reanimated talk within the ruling Syrizaparty of a snap general election if discussions with creditors fail, as the country faces a Thursday deadline to repay a €450m (£330m) loan to the International Monetary Fund.

The Greek finance minister, Yanis Varoufakis, held informal talks with the IMF’s managing director, Christine Lagarde, in Washington DC on Sunday, and Lagarde said he confirmed that the repayment would be made on Thursday.

Meanwhile, warnings of early elections underscored the political unrest in Athens.

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The slow pace of negotiations with creditors and worsening state of the Greek economy brought a warning from the far-left Syriza of snap polls being held before the summer – just months after winning power.

“If we are not satisfied [with the outcome] we will go to the people,” Kostas Chrysogonos, a prominent Syriza MEP told local media at the weekend.

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