Greek Voters Shatter Myth of Two-Party System to Defy EU Rules

Jonathan Stearns, Bloomberg, 13.05.2012

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In a mountain village where Greeks began their liberation from Ottoman Turks two centuries ago and now go to ski, Dimitris Lourantakis says he’s proud to be among voters pushing to throw out Greece’s political ruling class. […]

New Democracy, which came in first with 19 percent, and Pasok, third with 13 percent, have no parliamentary majority alone or together after uniting in November to back budget cuts to keep aid flowing. Failure to form a coalition would lead to new elections as soon as next month.

“The election this month was a political earthquake,” said Janis Emmanouilidis, an analyst at the European Policy Centre in Brussels. “If there is an election in June, voters will protest again. They are protesting against the effects of the economic crisis on their lives.” […]

For the entire article see here.


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