domingo, junio 17, 2012

Pro-bailout party wins Greek election

Updated at 4:49 p.m. ET: ATHENS - The pro-bailout New Democracy party came in first Sunday in Greece's national election, and its leader has proposed forming a pro-euro coalition government.
"The Greek people voted today to stay on the European course and remain in the euro zone... there will be no more adventures, Greece's place in Europe will not be put in doubt," New Democracy leader Antonis Samaras said.
He said voters chose "policies that will bring jobs, growth, justice and security."
His party beat the anti-bailout Syriza party, which wanted to cancel Greece's international bailouts.
Syriza chief Alexis Tsipras conceded the election but vowed to continue its fight against the punishing terms of an EU/IMF bailout saving the country from bankruptcy.
"From Monday, we will continue the fight," Tsipras told supporters. "A new day for Greece has already dawned.
An official projection released by the interior ministry showed conservative New Democracy taking 29.5 percent, with the radical leftist Syriza bloc just behind at 27.1 percent. The PASOK Socialists were set to take 12.3 percent.
Because of a 50-seat bonus given to the party which comes first, that result would give New Democracy and PASOK 161 seats in the 300-seat parliament, in an alliance committed to a 130 billion euro ($164 billion) EU/IMF bailout keeping the country from bankruptcy.   More >>

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