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Yes, IMO.

There are complications though and for that reason I will offer what I think it will be an alternative solution to avoid a repetition and the ire of the EU Overlords and/or the "Markets".

PASOK is dead. Urgent need to form a new center-left/socialist party. Those who get stuck with the ruins of PASOK sign their political death.
ND is no better condition and might disintehrate as well.
DEM AR has no good choices and will go along.

Their dilemma is if they go it together, they will take the brutal beating  for governing in such a context and their future will be compromised forever.

What might be more acceptable and might give them a chance to regroup is to support a solution more acceptable to the electorate.

Here's my prediction then: they call for a national salvation government under..... PAPADEMOS and pretty much leave thigs as they are which will definitely please the foreigners and calm the markets.

p.s: Papademos is not loathed or held responsible even though he is a technocrat working for the Troika.

by Euroliberal on Mon May 7th, 2012 at 06:40:17 AM EST
[ Parent ]
PASOK is dead. Urgent need to form a new center-left/socialist party.

Why? What would such an entity offer that Syriza cannot do better?

I mean, aside from collaborating with the right wing...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon May 7th, 2012 at 06:48:23 AM EST
[ Parent ]
I'm not the one urging them to form a party. It's a fact of politics.

Centrists make up 60% of the electorate. The crisis made them disperse to... everywhere it seems.

Don't forget 20% of the votes will have no parliamentary representation. A new movement will gradually pull them back.

by Euroliberal on Mon May 7th, 2012 at 08:04:01 AM EST
[ Parent ]
PASOK is dead. Urgent need to form a new center-left/socialist party. Those who get stuck with the ruins of PASOK sign their political death.

PASOK represented a certain patronage network. That network probably still survives even in latent form, and I don't think it can be taken over by SYRIZA, not that SYRIZA should necessarily want to inherit that kind of baggage. So it's quite possible that a new party will emerge from the core of that network.

Now, why SYRIZA cannot pick up the mantle of being the dominant center-left party, I don't know.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Carrie (migeru at eurotrib dot com) on Mon May 7th, 2012 at 08:30:41 AM EST
[ Parent ]
Here's my prediction then: they call for a national salvation government under..... PAPADEMOS and pretty much leave thigs as they are which will definitely please the foreigners and calm the markets.

p.s: Papademos is not loathed or held responsible even though he is a technocrat working for the Troika.

What's the mechanics of this, then? Does the President propose a Prime Minister to the Parliament who then needs to pass a confidence vote? Can this result in a technocratic government à la Monti, with ND + PASOK + DemAr supporting Papademos' confidence motion but not contributing ministers to the cabinet directly?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Carrie (migeru at eurotrib dot com) on Mon May 7th, 2012 at 08:36:22 AM EST
[ Parent ]
Assuming the cycle of mandates to create a government under any of the 3 leaders is fruitless, the President sits with all of them and makes a last ditch effort before setting a new election date.
If the proposal arises, they might wish to accept without being involved in actual governance. Just promise to a confidence vote with some bargaining mixed in there as well.
It's a save face with less political cost procedure.
by Euroliberal on Mon May 7th, 2012 at 11:51:19 AM EST
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