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George Papandreou

Greek Parties Seek Coalition Deal, Bailout Revision

Greek political parties meeting on Tuesday said they expected to form a coalition government soon and then seek concessions to the painful austerity measures tied to the international bailout deal keeping the country from bankruptcy.Conservative New Democracy leader Antonis Samaras, the winner of Sunday's election, has promised to negotiate easier terms for Greece, backed by likely coalition partner Evangelos Venizelos, head of the Socialist PASOK party."Greece must and will have a government as soon as possible," Venizelos said after a meeting with Fotis Kouvelis, head of the small Democratic Left party as part of talks to form a cross-party government with New Democracy."There is a need to form a national negotiating team that will deal with revision of harsh terms of the bailout deal."However, hopes that the government may be in place by the end of the day appeared to fade after Kouvelis, whose party opposed the bailout deal in the election campaign, said several points still needed...

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