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.
Athens (AFP) - Greece votes Sunday in a snap general election that could bring the radical left Syriza party to power and pose the most severe challenge yet to austerity policies in struggling eurozone countries.
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.
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.
New Democracy won the Greek election. However, party leader Antonis Samaras still needs to form a coalition.
If this seems like Déjà Vu, it's because it is. We were in the same place following the May election.
Does the Outcome Matter?
This go around, I expect Pasok will reluctantly cave in and form a coalition with New Democracy. The price might be high, such as demanding the much despised Antonis Samaras to step aside.
Regardless, does the outcome matter?
OTTAWA — Conservative MP Michael Chong has introduced a private member’s bill that aims to give political party caucuses more power — including the ability to oust their leaders.
If passed, the bill would allow a party leadership review to be initiated if 15 per cent of caucus members — that is, members of Parliament within that particular party — want one. It would also give caucus members more power to vote their conscience and ensure party nominations are controlled by local riding associations instead of party leaders.
OTTAWA — Liberals, what Liberals?
NDP Leader Tom Mulcair is giving his main competition for progressive votes the silent treatment, as he prepares to deliver a speech to party members focused exclusively on how to defeat the Conservatives.
The Liberals used to use the same tactic against the NDP during federal elections — ignoring its existence as they portrayed themselves as the only contender for power.