Relief in Greece after bailout parties win

2012-06-18 07:19
Leader of the New Democracy conservative party Antonis Samaras surrounded by media, leaves an elections kiosk after speaking to his supporters at Syntagma square in Athens. (AP)

Leader of the New Democracy conservative party Antonis Samaras surrounded by media, leaves an elections kiosk after speaking to his supporters at Syntagma square in Athens. (AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Athens - Greek media breathed a sigh of relief on Monday after parties favouring an EU-IMF bailout deal won a knife-edge election, raising hopes of an end to a political deadlock that has stalled vital reforms.

"A breather of a verdict for Greece," liberal Kathimerini daily said of the second general election in two months that handed victory to the conservative New Democracy party, which has pledged to keep Greece in the euro.

With almost all votes counted, New Democracy controlled 129 seats in the 300-seat parliament and the socialist Pasok party - a likely coalition candidate - secured 33 seats, enough for a workable majority.

"There is stable ground for a coalition government," Kathimerini said.

"A vote of hope," opined Eleftheros Typos daily which supports the new ruling party.

Centrist daily Ethnos said that a "clear mandate" had been given for a government to keep Greece in the euro and renegotiate the terms of the bailout.

Second

While delivering a mandate to keep crisis-hit Greece in the euro, the election also constituted a clear demand for changes in the austerity blueprint which is deemed to have plunged the country in a recession spiral.

The anti-austerity leftist Syriza party and its firebrand leader Alexis Tsipras came second, electing 71 deputies.

Overall, parties opposing the EU-IMF bailout will have 121 lawmakers in the new parliament.

Tsipras has ruled out joining a coalition, arguing that the harsh conditions for the bailout deal should be scrapped altogether.

Talks on forming a government are expected to start on Monday, with head of state Carolos Papoulias set to task New Democracy leader Antonis Samaras with piecing together a coalition.

"The country does not have a minute to lose," Samaras said late on Sunday.

"We ask all political forces which share the aim of keeping the country in the euro... to join a government of national unity," he said.
Read more on:    greece  |  europe debt crisis
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
6 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Five wrapping hacks you have to know before Christmas

Five gift wrapping hacks that will save Christmas for you!

 
 

I love summer.24

Sexiest Instagrams of 2014
Joburg hot spots for cocktails, craft beer, tapas and wine!
Summer Survey!
Great ideas for the best summer sandwiches!

Jobs in Cape Town [change area]

Jobs in Western Cape region

In bound Supervisor

Western Cape
Peoplefinder Career Placements

Engineering Manager

Western Cape
Pro-Tech Recruitment
R850 000 - R1 100 000 Per Year

Analyst Developer

Western Cape
Progressive IT Resourcing (Pty) Ltd

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

30% off the bestselling books

Save big on the most captivating reads of 2014. While stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

It is hard to keep some sort of balance when the natural rhythm has flown out the window. The best thing to do is try not to keep...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.