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CNNW Starting Point June 18, 2012

reporter: good morning, soledad, negotiations under way in the parliament building behind me here in athens to try to forge some type of coalition. the party that won the election yesterday, new democracy led by samaras, didn t get an absolute majority, only got 129 seats and needs 151 in the parliament to have a majority. so negotiations are continuing. he s got three days to try to bring together some of the other parties as well into a coalition. it s going to get greece out of this political and economic stalemate. the big point from the u.s. point of view and global point of view, samaras, the new democracy, supports the aus t austerity measured imposed on greece and not going to turn its back on its financial commitments and will for the most continue in the european single currency. big sigh of relief because of that. very big deadlines looming. matthew, thank you very much. still ahead, i ll talk to ken rogoff, the former head of the international monetary ....

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CNNW Early Start June 18, 2012

on cnn. good monday morning to you, everyone. it s good to have you with us, welcome to early start. i m ashley banfield. we re bringing you the news from a to z. big developments in greece that are sure to have a ripple effect. winning yesterday s parliamentary election in a vote seen by many as an endorsement for the survival of the euro. i will make sure that the sacrifices of the greek people will bring the country back to prosperity. so now it s up to samaras to form a coalition government to quickly keep greece afloat. something that other euro nations are hopes that we can do. christine romans is monitoring markets. as we started, we said, ah, good news here. features have turned lower. and i saw this described as a stay of execution for greece. others have called it the status quo. what is the status quo? relying on other monies from other countries to stay afloat, to basically not go broke and it still has an awful lot of work to do here. but vote ....

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