Assuming no defects in Pasok or the New Democracy parties, the pro-austerity may just scrape together enough votes to barely piece together a ruling coalition. How long it lasts is another matter as Pasok was humiliated with a third place showing.
Reuters reports Angry Greeks reject bailout, risk euro exit
Athens (AFP) - Greece's maverick leader Alexis Tsipras fights Sunday for a second chance to govern the struggling eurozone nation in a tense race with rival conservatives that is proving too tight to call.
The last ballots have been cast in four high-stakes federal byelections and political junkies across the country are watching the numbers trickle in from the polling stations to get a sense of which political parties came out on top.
Athens (AFP) - As the sun rose above Greece on Sunday, young and old were already queuing to have their say in a referendum which could be a new dawn for their crisis-wracked country, or plunge its finances deeper into the dark.
ATHENS: Greeks overwhelmingly rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt and deepening a standoff with lenders. As the euro slid more than 1 percent against the dollar and European stock and bond markets were poised to take a sharp hit with the resumption of trade on Monday, stunned European leaders called a summit for Tuesday to discuss their next move.
ATHENS: Greeks voted overwhelmingly on Sunday to reject terms of a bailout, risking financial ruin in a show of defiance that could splinter Europe. With nearly half of the votes counted, official figures showed 61 percent of Greeks rejecting the bailout offer. An official interior ministry projection confirmed the figure as close to the expected final tally. The astonishingly strong victory by the 'No' camp overturned opinion polls that had predicted an outcome too close to call.
ATHENS: When Alexis Tsipras dropped the bombshell of a popular plebiscite on the tough demands of creditors keeping Greece afloat, he cited the country's pedigree as the "birthplace of democracy". Greeks, the left-wing prime minister said last weekend, "should send a resounding democratic message to the European and global community". For some, however, Sunday's rapid-fire referendum is, at best, a distortion of democracy.