Presidential election gambit may backfire for Greece PM
Athens
DEBT-LADEN Greece's Prime Minister Antonis Samaras is a late convert to austerity whose penchant for risky politics once again is threatening to torpedo his career.
In a surprise move this month, Mr Samaras pushed forward the date of a high-stakes presidential election, hoping to have one less problem to deal with when talks with the country's European Union and International Monetary Fund creditors resume in February.
But his government looks unlikely to muster the 180 parliamentary votes it needs on Monday, and failure to elect a president will trigger early elections.
This is not the first time Mr Samaras has staked his career on a bold move that may backfire. Two decades ago, as foreign minister, the 63-year-…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Trade, TikTok, Taiwan: Blinken faces tough talks in China
Australian inflation boosts case for higher-for-longer rates
The American small-business tyrant has a favourite political party
China’s prices are just too low for buyers to sweat about tariffs
Japan’s corporate service inflation perks up in March
New Zealand first-quarter imports fall amid sluggish economy