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marmar

(77,077 posts)
Sun May 6, 2012, 08:16 AM May 2012

Banksters worried that Greek voters will elect leaders who'll reject the bailout





ATHENS (Reuters) - Greeks enraged by economic hardship voted on Sunday in a deeply uncertain election that could reignite Europe's debt crisis and throw into doubt the country's future in the euro zone.

At stake in the first general election since Greece detonated a wider European crisis at the end of 2009 is whether it will stick to the terms of a deeply unpopular EU/IMF bailout or start down a path that could take it out of the euro.

Leaders from all sides emphasized the importance of the vote - which pollsters say is impossible to call - for the future of Greece, now suffering one of the worst recessions in postwar Europe.

.......(snip).......

International lenders and investors fear success for up to seven small parties opposed to the bailout could lead to Greece reneging on the bailout terms, dragging the euro zone back into the worst crisis since its creation. ...............(more)

The complete piece is at: http://news.yahoo.com/angry-greeks-vote-cliffhanger-election-041733917--business.html



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Banksters worried that Greek voters will elect leaders who'll reject the bailout (Original Post) marmar May 2012 OP
Labour picked up 823 council seats in Britain. aquart May 2012 #1
It comes down to a duel between democracy and banks. no_hypocrisy May 2012 #2

aquart

(69,014 posts)
1. Labour picked up 823 council seats in Britain.
Sun May 6, 2012, 08:21 AM
May 2012

You better believe those bastards are worried.

Show me one banker practicing austerity of any kind. They got off free when they should have been hanged and we all know it.

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