The Greek public votes for New Democracy

The results of Sunday’s elections in Greece herald the victory of the New Democracy candidate Antonis Samaras. His party is in favour of the European bailout and therefore secures Greece’s place in the Eurozone, a result that brought huge relief to the other member states. New Democracy’s victory was closely followed by the radical left party Syriza, who only fell into second place by approximately two percentage points, as shown in the official election results published by The Guardian this morning (18.06.2012), where New Democracy was shown to gain 29.5% of the votes and Syriza 27.1%.

Samaras hopes to maintain Greece’s position within the Eurozone, yet, according to the BBC news website, nevertheless wishes to ask for a certain amount of lee-way to be given to the country regarding the severity of the bailout conditions, despite the fact that there appears to be little flexibility in the already established agreement. However, for now, the primary fear of European economic collapse has been abated and, after having delayed their departure for the G20 summit in Mexico in order to hear the results, world leaders can now discuss the next steps in solving the Eurozone crisis.

News sources: The Guardian 18.06.2012 and the BBC news website coverage 18.06.2012 on the Greek elections. ……………………………………………………………………………………………………………………………………………………….

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