Greek polls fail pro-austerity parties

The conservative New Democracy party secured only about 20 percent of the vote, with almost 80 percent of the ballots from the Sunday polls counted.

The Panhellenic Socialist Movement, known mostly by its acronym PASOK, garnered about 14 percent of the ballots.

The poor outcome showed that, even if the two parties joined forces, they would stand almost no chance of forming a coalition government.

Greece is the epicenter of the eurozone debt crisis where one in every five workers is unemployed, banks are in a shaky position, and pensions and government salaries have been slashed by up to 40 percent.

The coalition government has adopted spending cuts in order to secure emergency bailout funding from the International Monetary Fund and the European Union.

Meanwhile, the anti-austerity Coalition of the Radical Left, known by its Greek abbreviation SYRIZA, garnered more than 16 percent of the vote, enjoying the support of austerity-fatigued voters.

The party’s 38-year-old leader, Alexis Tsipras had termed the “bailout or bust” ultimatum delivered by the pro-austerity government, a scare tactic to force the people to accept biting cuts in pay and pensions.

“With their vote, Greek people gave their mandate for a new day in our country, without the cruel bailout measures. They want solidarity and justice,” he said. “The parties, which signed the bailout without the Greek people’s consent, are now a minority.”

GJH/MF/HN

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