Greek Election Too Close To Call

MacMickster

Greece's right-wing New Democracy and left-wing Syriza parties are almost neck-and-neck after parliamentary elections, exit polls suggest.
New Democracy, which broadly supports a European bailout deal, looked to be almost tied with Syriza, which opposes the measure.
The outcome could decide Greece's future inside the euro.
The election was the second in six weeks, called after a 6 May vote proved inconclusive.
The two main parties are thought to have polled between 27 and 30%, the exit poll showed.
But though the result could be almost a dead heat, the party that does come out on top will receive an extra 50 seats.
The BBC'c Chris Morris says that with the parties so close, the cliche that "every vote counts" has never been more true.

http://www.bbc.co.uk/news/world-europe-18478982

Be prepared for market turmoil tomorrow, particularly if it again looks unlikely that a coalition government can be effectively formed.

With the next bailout payment due and no effective government in place, the markets are likely to take the decisions out of the hands of the Greek electorate and the Troika.

lvader

Interesting spin from the BBC, other news agencies have the New Democracy slightly ahead in the poll.

JoeCrystal

Which suggests another political deadlock... I reckon that this time, either they actually form proper government and work it out or have third election instead. Maybe there will be military coup in Greece? You never know!

Cheers

Joe

Joe_Bloggs

What powers does the caretaker government have in the continuing absence of a new government ?

Quiz.
The time record for all party negotiations to form a coalition government is 541 days set on 6th December 2011. Name that country ?
J_B.

JoeCrystal

Easy, Belgium...

Cheers

Joe

Joe_Bloggs

Beer and Chocolates to Joe Crystal.:beer:
J_B.
That was my first and last smilie.

HAMISH_MCTAVISH

Exit polls currently showing New Democracy winning by a very small margin, and Pasok with enough to hold the balance of power in a coalition.

If it plays out that way, then Greece stays in the Euro and the bailout continues.

Still very close though....

TDPIX

A few 'final' exit polls (based on 100% available data and not 80% as before) now show New Democracy winning by a bit over 1%. One exit poll shows Syriza ahead though.

For those interest in betting, there's been a move against Syriza (http://sports.betfair.com/politics/market?id=1.105842715&q=greece) and the betting market does seem to be fully expecting a ND win.

So a ND & Pasok majority does seem possible.

Zorz_2

All this FUD did it's work. Let me be the first to coin the term "Battered Nation Syndrome" for the occasion!

Graham_Devon

Woohoo, euro saved

ILW

I wonder if whoever forms a government, they will still go on blaming other countries for the mess they are in?