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5/5/12

Greek Election Critical And Uncertain

Greeks head to the polls Sunday in their most critical and uncertain election in decades, with voters set to punish the two main parties that are being held responsible for the country's dire economic straits.

Such is the disillusionment with the socialist PASOK party and conservative New Democracy, which have been alternating in power for the last 38 years, that neither is expected to garner enough votes to form a government. Days of wrangling over forming a coalition will likely ensue, with the prospect of alarming Greece's lenders and much of the country's population if they fail.

Public anger has been so high that politicians have been forced to maintain low-profile campaigns for fear of physical attacks on the streets in a country battered by business closures and hundreds of thousands of job losses.


Read More: Greek Election Critical And Uncertain - TheStreet

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