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Greek Elections: Pro-Bailout Coalition Not Guaranteed Even if ND Wins
In a surprising move, the pro-bailout socialist PASOK party stated that it will not join a coalition with pro-bailout New Democracy, if anti-bailout SYRIZA is not included in such a coalition. This is quite surprising and could weigh on the euro. However, given the past of PASOK leader Venizelos, he might change his mind quickly. PASOK came in third according to projections, winning around 13% of the vote. New Democracy is projected to win with nearly 30%, with SYRIZA trailing closely behind it. The final exit polls were already more decisive than the first ones, and real results solidify the win for New Democracy. ... (full story)
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