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Slideshow Mother's Day in prison An annual Mother's Day event, Get On The Bus, brings children to visit their mothers in prison. Slideshow Afghan girls An indepth look at the lives of girls in Afghanistan in times of uncertainty. Slideshow Coalition talks stall, Greece faces "moment of truth" Tweet Share this Email Print Related News Influential German magazine calls for Greek exit from euro 9:59am EDT Analysis & Opinion Risk of contagion if Greece exits euro: WestLB Euro faces slide on break-up risks Related Topics World » Greece » 1 of 6. Leader of the Socialists PASOK party Evangelos Venizelos (R) meets leader of Conservatives New Democracy party Antonis Samaras in Athens May 11, 2012. Credit: Reuters/Yorgos Karahalis By Lefteris Papadimas and Harry Papachristou ATHENS | Sun May 13, 2012 11:46am EDT ATHENS (Reuters) - Greek political leaders on Sunday ignored a final plea from the president to form a coalition government to avert a repeat election, pushing the debt-stricken nation closer to bankruptcy and a possible exit from the euro zone. Leaders of the three biggest parties met at the presidential mansion for a final attempt to bridge their differences, but the talks quickly hit an impasse as they traded accusations on a deeply unpopular bailout package tied to harsh spending cuts. Conservative leader Antonis Samaras, who finished first in last week's election, pinned the blame on the far-left SYRIZA party, which flatly rules out backing a pro-bailout coalition with Samaras's New Democracy and Socialist PASOK parties. "They are not asking for agreement, they are asking us to be their partners in crime and we will not be their accomplices," said Alexis Tsipras, who has become an overnight sensation since leading SYRIZA to a surprise second place in the vote. The other leader at the morning talks - Socialist leader Evangelos Venizelos - said he was holding on to hopes that a deal could still be salvaged, but warned time was running out. "Despite the impasse at the meeting we had with the president, I hold on to some limited optimism that a government can be formed," said Venizelos, whose PASOK party finished a humiliating third in the election, a shadow of its former might. "The moment of truth has come. We either form a government or we go to elections." Both New Democracy and PASOK - which have taken turns in ruling Greece for nearly four decades and jointly negotiated a bailout that requires deep cuts in wages, pensions and spending - are eager to avoid facing the voters again. Polls since the election show the balance of power tipping even further towards opponents of the bailout, who were divided among several small parties but now appear to be rallying behind Tsipras, a 37-year-old ex-Communist student leader. Tsipras has injected a dose of enthusiasm into the squabbling left and offered hope to millions of austerity-weary Greeks by promising to rip up the bailout deal without abandoning the euro, saying Europe cannot afford to cut Greece loose. European leaders have retorted that the country will not get new loans to stay afloat if it fails to honor its pledges, while banks and some companies like travel operator Kuoni have begun to prepare for a Greek exit from the eurozone. But Greek voters remain unfazed. Indeed, they are expected to hand SYRIZA a first-place finish in a new election, winning the party an automatic extra 50 seats at the expense of Samaras. ELECTIONS AGAIN President Karolos Papoulias now meets the small parties that made it parliament from 1630 GMT onwards in a last-ditch bid to stitch together some form of a "national unity" government. His final hope rests with the small Democratic Left party led by lawyer Fotis Kouvelis, which could provide enough seats to form a government with New Democracy and PASOK. But it says it will not do so unless the coalition also includes SYRIZA. Papoulias' list of meetings also include the far right Golden Dawn, which made it parliament for the first time in its history on an anti-immigrant and anti-politician platform. In one of the unfolding drama's many sub-plots, Greeks will watch with interest to see how the president, a revered 82-year-old veteran of the World War II anti-Nazi resistance, receives a group whose members give Nazi-style salutes. The constitution sets no deadline for Papoulias to complete his search for a deal and he has given no indication how long he will spend trying before he calls a new election. Greeks seem resigned to returning to the polls. "Why would we believe they'll agree on something? All they care about is being in power and we're sitting here not even able to pay our electricity bills," said Maria Kissou, 53, a corner shop owner in Athens. "Let us go to elections again." Kissou voted for Tsipras on May 6. "He's young, I like him because at least he's trying to renegotiate with the Europeans," Kissou said. Supporters of the two establishment parties will be hoping that if a new election is held, Greeks will be frightened of the prospect of leaving the euro and return to the fold. Polls show an overwhelming majority of Greeks reject the bailout but want to keep the euro - a position widely regarded as untenable. As many as 78.1 percent want the new government to do whatever it takes to keep their country in the currency, a poll by Kappa Research for To Vima daily showed. In a sign of the shifting mood in Europe towards Greece, Germany's influential Der Spiegel magazine suggested an exit from the euro zone may now be the best option in a front-page Its front page headline read: "Acropolis, Adieu! Why Greece must leave the euro." "The Greeks were never ripe for the currency union and they still are not today," the German magazine wrote in an editorial. "Only an exit of Greece from the euro zone gives the country a chance in the long term to get back on its feet." (Writing by Deepa Babington; Editing by Giles Elgood) World Greece Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (5) Randy549 wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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