Greek government to call for confidence vote

Greek government to call for confidence vote

Wed Oct 1, 2014 9:13PM GMT

Greece’s government has said it will call for a vote of confidence amid growing speculation that the country is moving towards snap elections.

The Greek government made the announcement via state television on Wednesday, saying that the vote will be held when parliament convenes for a new session on Monday.

Athens also went on to say that it would commence procedures for electing a new president as scheduled on February 15 next year.

Calling for the vote appears to be an attempt at dismiss speculation that Greek Prime Minister Antonis Samaras is considering early elections because he is not currently backed by the 180 lawmakers required to push through a presidential candidate.

Greece’s radical leftist Syriza party, which took a sizable lead from Samaras’s party in a recent poll and won this year’s European Union elections in Greece, has vowed to block Samaras’s presidential candidate.

In accordance with the Greek law, if a president is not elected, parliament must be dissolved and new elections called.

The confidence vote will also buy time for Samaras before the presidential ballot to present a solid front as the government is negotiating with EU and International Monetary Fund (IMF) lenders.

Samaras recently announced that Greece would try to exit its EU, IMF bailout a year ahead of scheduled 2016.

Greece’s economy entered a recession in 2008, and its economy, which has shrunk by more than a quarter, has been exacerbated by the waves of austerity measures imposed by international creditors following the country’s first bailout in 2010 by EU and IMF lenders with over 240 billion euros.

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