Greek elections are set for June 17th following the impasse of the last election where no majority government formed.
The "Destroy Greece to Save the Euro" clowns led by German Chancellor Angela Merkel are out in force hoping to turn the vote into a direct referendum on the Euro. The election is of course a direct referendum on the Euro, but Greek citizens are under three Fantasyland ideas.
Three Fantasyland Ideas
Preliminary exit polls are not good for the pro-austerity, keep Greece in the Eurozone at any cost coalition as 3 parties vie for top post
An exit poll commissioned by Greek media shows three parties are vying for the top spot in the country's critical parliamentary elections, with no definitive front-runner and none gaining enough votes to form a government.
Official projections in Greece's election show the conservative New Democracy party coming in first. The pro-bailout party could have enough support to form a pro-bailout coalition with Pasok to keep the country in the euro zone.
Throwing Bones to Greece
In the wake of New
Democracy eking out a victory over Syriza in the Greek elections, the
nannycrats are willing to toss a few bones to Greece. For example this
headline on Bloomberg says Euro Chiefs Signal Greek Austerity Softening as Summit Looms.
Only vague references in the article pertain to concessions.
The New York Times reports Chris Christie Re-elected Governor of New Jersey.
Gov. Chris Christie of New Jersey won re-election by a crushing margin on Tuesday, a victory that vaulted him to the front ranks of Republican presidential contenders and made him his party’s foremost proponent of pragmatism over ideology.
Inquiring minds scoff at the preposterous Financial Times headline a ‘Glimmer of hope’ for Greek coalition
A coalition that last until 2014 before new elections will be nothing more than years more of useless torture.
Here are a few snips from the Financial Times.
Germany's finance minister greeted the conservative New Democracy party's projected win in Greek elections Sunday as a decision to "forge ahead" with implementing far-reaching reforms. Germany's foreign minister said it's important for Greece to stick to its agreements with creditors, but held out the prospect that Athens might be given more time to comply with them.
A major conservative party in Greece's new unity government refused Saturday in talks with EU and IMF officials to drop its opposition to signing written reform pledges in return for crucial loans, reports said.Antonis Samaras, head of the New Democracy party, said its support for the government set up last week specifically to enact reforms tied to a eurozone bailout deal was commitment enough, Mega television reported.He reportedly made the remarks to senior auditors from the European Commission, the European Central Bank and the International Monetary Fund.