Sunday, June 17, 2012

Conservative New Democracy Party Set to Lead New Government in Athens

There are live updates at the Guardian and Telegraph UK.

And here's Der Spiegel's report, "Pro-Bailout Party in the Lead: New Democracy Looks Set to Win Greek Election":
Official projections on Sunday evening showed the conservative New Democracy as having won the Greek election, whose outcome is seen as crucial to the euro zone's future. The party may be able to form a pro-bailout coalition government with the Socialists, but Greece could still face months of uncertainty.

London's Daily Mail reports that the socialist PASOK party has agreed to form a unity government. See, "Greece chooses austerity over Euro withdrawal, as latest election results show voters back pro-bailout parties." And see the analysis from James Pethokoukis, "Greek election results: What they mean for Greece, the euro, the EU — and beyond" (via Memeorandum).

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