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  • Conservatives win in Greece

    Just breaking.....



    Greek conservatives to win election: official projection

    ATHENS (Reuters) - Greece's New Democracy conservatives are set to win a crucial election expected to determine the country's future in the euro zone, an official projection from the interior ministry showed on Sunday.

    The projection showed New Democracy taking 29.5 percent of the vote, with SYRIZA in second place with 27.1 percent. The Socialist PASOK followed in third place with 12.3 percent.

    The result translates into 128 seats for New Democracy and 33 seats for PASOK, giving the two pro-bailout parties a slender majority in the 300-seat parliament.

    New Democracy and PASOK back an EU/IMF bailout providing Greece with funds to stay afloat, but SYRIZA has promised to tear up the program and the austerity measures tied to it.

    The projection was based on votes counted on the spot at about 12 percent of polling stations and sent to the ministry via text message. It proved highly accurate in predicting the outcome of an inconclusive election on May 6. There was a margin of error of 0.5 percentage points.
    Last edited by Dr Mordrid; 17 June 2012, 13:05.
    Dr. Mordrid
    ----------------------------
    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps

  • #2
    With more than 99% of votes counted, interior ministry results put New Democracy on 29.7% of the vote (129 seats), Syriza on 26.9% (71) and the socialist Pasok on 12.3% (33). There are 300 seats in parliament.
    Phew!
    Brian (the devil incarnate)

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    • #3
      I keep thinking we've been here before; a few months reprieve then the bailout money runs dry and it starts all over again. Then there is Spain, Italy & Portugul - for starters.

      SSDD
      Last edited by Dr Mordrid; 18 June 2012, 04:21.
      Dr. Mordrid
      ----------------------------
      An elephant is a mouse built to government specifications.

      I carry a gun because I can't throw a rock 1,250 fps

      Comment


      • #4
        Are you aware that US debt to GDP ratio is between that of Greece and Ireland? And that per 1$ of growth you're going 2.5$ in debt and jobs creation is not meeting targets set by Obama.

        IMO whole World is fscked and the sh!t will hit the fan soon.
        Last edited by UtwigMU; 18 June 2012, 09:44.

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        • #5
          Yes I'm aware of that, which is why we too are having a knock-down, drag-out election battle too.
          Dr. Mordrid
          ----------------------------
          An elephant is a mouse built to government specifications.

          I carry a gun because I can't throw a rock 1,250 fps

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