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Economy

Greek election result extremely worrying, says French FM Juppé

media Left-wing Greek leader Alexis Tsipras, who is trying to form a government Chefe da coalização de esquerda grega, Alexis Tsipras. Reuters/Kostas Tsironis/Pool

Greek voters rejection of pro-bailout parties is “extremely worrying”, Foreign Affairs Minister Alain Juppé said Wednesday. Opponents of the austerity imposed by the EU-IMF bailout package are trying to form a government after the election on Sunday, the same day that Nicolas Sarkozy was voted out as president of France.

The Greek election result showed “an increase of extremes”, Juppé told Europe 1 radio, adding that that is “extremely worrying”.

Dossier: Eurozone in crisis

Greece still had no government on Wednesday after the right-wing New Democracy failed to form one.

The left-wing anti-austerity movement Syriza, which at 52 seats became the second biggest party in parliament, was trying to pull together a coalition on Wednesday. The far-right Chryssi-Avyi (Golden Dawn) entered parliament for the first time, with 21 seats.

Syriza leader, Alexis Tsipras, said Tuesday that the election result “clearly nullified” Greece’s loan agreement, raising speculation that the country will leave the euro.

“The questioning of the treaties, which were painstakingly negotiated … risks sparking turbulence that will be difficult to control,” said Juppé, who went on to attend the last meeting of the outgoing cabinet of President Nicolas Sarkozy on Wednesday morning.

Incoming president François Hollande has called for a turn away from austerity in the eurozone but faces opposition from German Chancellor Angela Merkel.

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