Saturday, June 16, 2012

Greeks go to the polls on Sunday


Austerity or hope are the two options for the Greece voters and if anti-austerity vote wins the EU leaders are reluctant to release the fiscal aid. Greek voters head to the polls again Sunday for an election rerun that will decide whether the country continues with its austerity policies.Greece is holding the second parliamentary election as its parties were unable to form a coalition government after last month's vote.

European leaders have warned that if an anti-austerity party wins, Greece might not receive financial help from the European Union and its place in the eurozone would be at risk.

Antonis Samaras, the leader of the pro-austerity New Democracy Party, spoke at a final campaign rally in Athens on Friday. He said leaving the eurozone would mean the collapse of the country. But he promised to renegotiate with the EU and other international bodies to soften the term of the austerity plans.

The leader of the Coalition of the Radical Left, Alexis Tsipras, pledged to abandon the bailout conditions. He said voters can choose between austerity and hope.

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