Monday, December 29, 2014

Greece will go to elections in January after parliament rejected … – Reuters

Greece will go to elections in January after parliament rejected … – Reuters

ATHENS (Reuters) – Greek Prime Minister, Antonis Samaras, announced the holding of early general elections next month after parliament rejected his candidate for president on Monday, calling into question the country’s international bailout.

After three rounds of voting, the only candidate, former European Commissioner Stavros Dimas, stayed close to the 180 votes needed, eventually rising to 168 votes, the same number obtained in the second round, leading to a process that will lead to the dissolution of the camera.

Samaras immediately announced he would meet with outgoing President Karolos Papoulias on Tuesday to propose holding parliamentary elections on January 25 and appealed to Greek voters to ensure that stability is preserved.

Opinion polls point to a victory for Syriza leftists who want to liquidate a large part of Greece’s debt and cancel the terms of a bailout from the European Union and the International Monetary Fund Greece still need to pay the bills.

“With the will of our people in a few days bailouts linked to austerity will be a thing of the past, “said the leader of SYRIZA, Alexis Tsipras, after the vote. “The future has already begun,” he added.

The result leaves financial markets and Greece’s partners in the European Union to weeks of uncertainty that could undermine the fragile signs of economic recovery and serious damage to public finances.

Syriza has led the polls for months, although the advantage has narrowed in recent weeks with the conservative New Democracy party you belong Samaras. The weakness of potential coalition partners of both could lead to, no matter who wins in January, will struggle to form a government and could not survive long.

SOME VOLATILE MARKET Continued …

LikeTweet

No comments:

Post a Comment