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Voters Punish New Democracy and Pasok; New Election, Euro Exit Coming Up? Best thing For Greece is Tell the Troika "Go to Hell"

Assuming no defects in Pasok or the New Democracy parties, the pro-austerity may just scrape together enough votes to barely piece together a ruling coalition. How long it lasts is another matter as Pasok was humiliated with a third place showing. Reuters reports Angry Greeks reject bailout, risk euro exit The latest official results, with over 61 percent of the vote counted, showed the only two major parties supporting an EU/IMF program that keeps Greece from bankruptcy would be hard pressed to form a lasting coalition.
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This Is What You Need To Know About The Crisis In Greece

Business & Finance : Business Insider: Money Game (2 years ago)

Elections in Greece dominated headlines this weekend, as sweeping rejections for austerity compromised support for leading political parties PASOK and New Democracy. This poses new challenges for European leaders, who continue to de... Read Post

Two Quick Reads On Greece

Business & Finance : Business Insider: Money Game (3 years ago)

With the Greek austerity vote due to be held in a matter of hours (7:00 AM ET Wednesday), here are two quick and worthwhile reads. First, Kathimerini has a look at where the voting stands now. Of the four PASOK (ruling party) MPs wh... Read Post

Asian markets, euro dive Europe election results

Business & Finance : Business Report (2 years ago)

Asian markets and the euro slumped after voters in France and Greece voted out their ruling parties. ||| Asian markets and the euro slumped on Monday after voters in France and Greece voted out their ruling parties in a backlash aga... Read Post


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