A tight vote for the euro

FEAR of being forced out of the euro was slightly stronger than anger over continuing austerity at Sunday’s Greek election. It propelled the centre-right New Democracy party into first place, just ahead of Syriza, the radical-left coalition. With 97% of the vote counted the conservatives won 29.7% compared with 26.9% for the leftists. The PanHellenic Socialist Movement (PASOK) came a distant third with 12.3% after a large chunk of its voters (public sector workers, trade unionists and pensioners) had defected to Syriza, lured with promises that the state would not be shrunk if the left came to power.

Antonis Samaras, the 61-year-old centre-right leader, was set to receive a mandate to form a government at midday today from Karolos Papoulias, Greece’s president. After two general elections in six weeks (coalition talks failed after an inconclusive vote on May 6th) a sense of urgency is evident. Global leaders who are gathering in Mexico for a meeting of the G20 group of rich and emerging countries will be watching Greek developments closely. Some see a stable coalition government in Athens as critical for European efforts to prevent the eurozone from falling apart.

Mr Samaras’s refusal to support Greece’s first bailout in 2010 means he will have to work hard at convincing eurozone leaders he is serious about completing fiscal and structural reforms required by the second €130 billion bailout, which the previous coalition government was too timid to undertake. On Sunday night, Mr Samaras sounded statesman-like. Instead of claiming victory in the election, he said: “There will be no new adventures, Greece’s position in the eurozone will not be put in doubt.”

New Democracy will receive 29.53% of the vote, equivalent to 128 seats.
Syriza will receive 27.12% – 72 seats.
Pasok will receive 12.2% – 23 seats.
Independent Greeks will receive 7.56% – 20 seats.
Golden Dawn will receive 6.95% – 18 seats.
Democratic Left will receive 6.23% – 17 seats.
Greek Communist Party will receive 4.47% – 12 seats.


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No Demo Crato está a decorrer uma sondagem sobre as eleições na Grécia. As opções apresentadas são escassas mas eu digo desde já que votaria no Syriza como, por cá se a moção de censura do PCP fosse aprovada e existissem eleições, apelaria ao voto no próprio PCP ou no Bloco.

Estou a ser sincero. Nenhuma encenação.

pago, seja o que for, para ver as alternativas a governar. Excluo, naturalmente, a alternativa dos marimba boys, herdeiros do engenheiro.

Upset in the Greek political system

Two years after Greece entered the tunnel of indefinite austerity of EU-IMF oversight, the Greek electorate appears to have dealt a resounding blow to the two once biggest parties, Pasok and ND, which are blamed for bringing the country to the point of bankruptcy.
The complete upset of the political system appeared to be confirmed by exit polls that placed left wing Syriza second, with 14-18 percent. For days, the party was expected to multiply its 4.6 percent result from 2009, when it placed fifth. Party leader Alexis Tsipras has campaigned on a platform of forming a wider, leftwing coalition that would include both the Greek Communist Party (which has adamantly refused to form a coalition government) and Fotis Kouvelis’ Democratic Left Party, which is getting 4.5-6.5 percent in the exit polls.
If Syriza remains the second party when the final results are in, that will severely complicate efforts to hammer out a coalition.
ND leader Antonis Samaras looks to have been handed a Pyrrhic victory. Though his party places first – 17-20 percent (Public Issue/Skai) or 20.5-24.5 percent (Alco Net) in exit polls could be up to 16 percent lower than it received in 2009 (33.48 percent). That may be enough to produce a backlash from the more centrist, liberal wing of his party, which has not looked kindly on the party leader’s shift to the right wing.

Grécia garante perdão da dívida e evita bancarrota em Março

O Governo grego anunciou nesta sexta-feira de manhã que concluiu o processo de troca de títulos da dívida, garantido a participação de 85,8% dos credores privados detentores de obrigações de direito grego.

(só em Março?)

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