Greece: New Elections Loom – Leaders Remain Resistant to Unity Coalition | NYTimes.com

With Greece hurtling toward new elections and a possible exit from the euro zone, President Karolos Papoulias prepared to make a last-ditch appeal on Monday for the country’s sharply divided political parties to form a unity government even as his hopes for success all but evaporated over the weekend. The leaders of Greece’s main political parties remained adamant in their positions on the country’s debt agreement with foreign lenders, making a unity coalition appear impossible and new elections all but inevitable. Alexis Tsipras, the leader of the Coalition of the Radical Left, refused on Sunday to take part in any government that would go through with the harsh austerity measures required in the debt deal, saying that Greek voters had resoundingly rejected austerity in elections on May 6. The parties that favor preserving the debt deal lack enough seats in Parliament to govern on their own, and Mr. Papoulias spent Sunday trying to persuade several smaller parties to join them.