Greece's political deadlock went into a second week as PresidentKarolos Papoulias failed to secure agreement on a unity governmentand avert new elections with the country heading toward a possibleexit from the euro area.

Greece's biggest anti-bailout party, Syriza, defied overtures tojoin the government yesterday, deepening the impasse. Leader AlexisTsipras won't attend a meeting called by Papoulias today at 7:30p.m. Athens time, the party said in an e-mailed statement.

“Syriza won't betray the Greek people,” Tsipras said instatements televised on NET TV after meeting with Papoulias and theleaders of the New Democracy and Pasok parties. “We are being askedto agree to the destruction of Greek society.”

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