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Greek Election: A vote on Greece's future in the euro zone

Friday, June 15, 2012 - 03:12

June 15 - Greeks head to the polls again on Sunday after May's deadlock. Will they repeat the protest vote or return to mainstream in an election viewed as a decision on the country's existence in the euro.

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Sunday June 17 Decision Day for Greece and cartoon. Another election following -- deadlock viewed as a vote on whether Greece stays in the Euro or heat sets up. Good choice. Center right new democracy committed to the terms of the EU IMF bailout. Vs the radical coalition of the left CDs up. Determined to renegotiate those terms. Neither party was able to form a government so what's changed in the last six weeks. The consequence he's and that uncertainty beach beach in match off to the may election can somehow ashamed to bolt says. Preference cease and OK it and can that increased the support for the new democracy so it would be able to form the government. If you democracy and its leader and -- semi pass he can feel the deal Greece is prospects in the Euro zone. Would improve the Europeans would do as much as they could. Two. Helped him to have some sort -- renegotiation. Of the great program that would give Greece a little bit more time to meet its fiscal targets provided. That he. Accepted and embraced. The the basics of the reform program. But the outlook could be dramatically different to CD sound and its leader -- -- clinched a majority and formed a coalition. Unless -- is changes. It's the free to make somehow and he's bidding to negotiate band that Greece might be very close to having its era fixed on the funding switched off and also but he. Much closer -- leaving the eurozone. But there is an outside chance that CD's -- -- tone down its campaign rhetoric if responsibility for the country ultimate the end -- in its hands. To a degree what the Greek electorate is clearly say is that it's lost confidence in the to -- mainstream parties which brought priest where it is today. And it's possible that. If they would be swept out by a new broom the new room within -- but of course we've got to be realistic. And we don't want to expose priest through the horror that might before it if it were to default and leave the Europe. But neither party of realistically do what it takes to meet Europe's hardline demands in the long term that's the 64000. Track -- -- question. The question of whether anybody in Greece is capable of keeping the show on the road. In such extreme circumstances. And finally the option no one wants to see. Another stalemate and a third election just how likely is that. These optional cannot be underestimated I think that's fun. These elections will be different and I think that they were singing. Support either it's a Bosnian Democrats -- a series are -- these and these option is the least possible but cannot cannot be ruled out completely. Polls show a majority of Greeks want to state terrorism. So the question is whether the -- of an accident like it will be enough to try and actions to -- the main street. New democracy and marginally -- -- closed but the race still too close to call. CDs down if the party to watch the -- eats up reporters.

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Greek Election: A vote on Greece's future in the euro zone

Friday, June 15, 2012 - 03:12