Poll shows Greece electing pro-bailout government

[Eugene]

Source: Reuters

Poll shows Greece electing pro-bailout government

By Harry Papachristou and Peter Graff

ATHENS | Thu May 17, 2012 5:15pm EDT

(Reuters) - Greek voters are returning to the establishment parties that negotiated its bailout, a poll showed on Thursday, offering potential salvation for European leaders who say a snap Greek election next month will decide whether it must quit the euro.

The poll, the first conducted since talks to form a government collapsed and a new election was called for June 17, showed the conservative New Democracy party in first place, several points ahead of the radical leftist SYRIZA which has pledged to tear up the bailout.

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The poll predicted New Democracy would win 26.1 percent of the vote compared to 23.7 percent for SYRIZA.

Crucially, it showed that along with the Socialist PASOK party, New Democracy would have enough seats to form a pro-bailout government, which it failed to win in an election on May 6, forcing a new vote and prompting a political crisis that has put the future of the euro in doubt.

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Read more: http://www.reuters.com/article/2012/05/17/us-greece-idUSBRE84D07X20120517

[unkachuck]

1. "...enough seats to form a pro-bailout government..."

....damn....I'll never order another gyro again....to think the Greeks, inventors of democracy, bowing down before the evil god of wall-street capitalism....the shame....

[PoliticAverse]

2. The issue is whether the Greeks are willing to leave the Euro or not...

Polls seem to show a significant majority want to remain in the Euro.

"The poll showed 78 percent of Greeks want the government to do whatever possible to keep Greece in the euro area"

( http://www.bloomberg.com/news/2012-05-13/syriza-says-it-won-t-join-greek-national-unity-government.html ).

It's all a high-stakes 'game of chicken'.

[dkf]

3. Also whether they want a functional banking system.