Former Greek PM Papandreou sets up new party ahead of elections

  • 12/15/2022
  • 16:10
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ATHENS, Rabi'I 11, 1436, Jan 2, 2015, SPA -- Former Greek Prime Minister George Papandreou announced the creation of a new political party on Friday, confirming a long-expected split from the centre-left PASOK and complicating the potential outcome of this month's general election, Reuters reported. Papandreou, the son of one of Greece's most prominent political dynasties, led his country as the euro zone crisis broke before being ousted in 2011 over a botched effort to hold a national referendum on Greece's international bailout. His new party, dubbed "Movement for Change", has yet to detail its policies but they are expected to be similar to those of PASOK, part of the ruling coalition led by Prime Minister Antonis Samaras's centre-right New Democracy party, which is trailing the anti-bailout Syriza party in polls ahead of the Jan. 25 vote. Papandreou's break from PASOK had been expected for some time. PASOK is now a shrivelled remnant of the party which dominated Greek politics for 40 years and is polling at under 5 percent in the latest surveys. A split could take it below the 3 percent threshold needed to enter parliament and there is no guarantee that Papandreou's "Movement for Change" could get in either. -- SPA 19:20 LOCAL TIME 16:20 GMT www.spa.gov.sa/1312356

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