Key figures in the debt crisis - Christine Lagarde of the International Monetary Fund,  Jean-Claude Juncker head of the Eurogroup and Wolfgang Schauble German finance minister

Greek coalition faces huge challenges

Greece has faced weeks of uncertainty and doubts about its future in the eurozone. It faces bankruptcy and social breakdown as unemployment rockets and hospitals run out of drugs. And there is no certainty that the loose coalition government of Antonis Samaras can deliver the savings demanded by Europe’s troika in the testing times ahead.

THERE is a sense of relief throughout Europe that Greece has finally elected a three-party coalition government – even if it appears rather loose and faces immense obstacles.

Prime Minister Antonis Samaras, the leader of the conservative New Democracy party, has two partners in coalition which se...

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 Costas Iordanidis
Economic stability is the first priority of the new government in the hope that some of the 15 to 20 billion euros withdrawn from banks and stuffed under people's mattresses in the last few weeks will be re-invested
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