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Wednesday
Jun202012

Greece Agrees on Coalition Government

Goodshoot/Thinkstock(ATHENS) -- After a few days of haggling, the Greeks have reached an agreement for a coalition government, the head of the country's socialist party, Evangelos Venizelos, said Wednesday.

The country swore in its new prime minister, Antonis Samaras, on Wednesday.

The coalition government consists of Samaras’ New Democracy party, the Socialist Pasok party, and the Democratic Left.

While the ushering in of a new government ends weeks of uncertainty in the region, there is no clear assurance that the transition will be able to provide Europe and the world with the economic stability they need.

Copyright 2012 ABC News Radio