New Democracy, the first party and the party with 108/300 seats in Parliament, has already met with the head of the 2nd party, Syriza, the head of the 3rd party, PASOK, and the head of the 7th party, Democratic Left. These three party heads all rejected ND’s suggestion that they get together and form a government together. The 4th party, Independent Greeks, has said it won’t even talk to ND about this. The 5th party, the Communist Party, is completely and utterly the opposite of ND, so there’s no point in asking them. ND has said it won’t talk to the 6th party, Golden Dawn. So, as you can imagine, ND is failing to put together a coalition government to get 151 seats in Parliament.
Tomorrow, most likely, the head of Syriza, Alexis Tsipras, will attempt to do the same sort of thing. If he can’t, the head of PASOK will try.
One potential scenario that could lead to a government is if Alexis Tsipras becomes prime minister of a coalition including Syriza, ND, and PASOK. However, this will not be easy to pull off, considering that Syriza and ND don’t agree on pretty much anything.
If neither the 2nd nor the 3rd party can form a coalition, then the current prime minister, Lucas Papademos, will remain the prime minister, and Greece will vote in an entirely new (not ‘run-off’) election on June 17.
The most likely scenario for the 2nd election is that the parties on the right that did not manage to get 3% on their own to get into Parliament (Action, Creativity Again, and Democratic Alliance), will all get together and enter the election as a single party. They will then probably get about 7% of the vote, and they will probably then form a government with New Democracy and PASOK, leaving Syriza as the primary opposition party.
We’ll know more once Tsipras has a chance to meet with the PASOK, Democratic Left, Independent Greeks, and so on.