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.
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
Two years ago, when Greece last voted to choose its ruling party not once but twice, the Eurozone ground to a halt in anticipation of a nailbiliting outcome that could have seen the exit of Greece from the Euro and the gradual, at f... Read Post