New Democracy wins Greek elections

Monday, 18 June 2012 03:54

Analysts suggest that the markets have responded positively to the results of the elections in Greece, but the euphoria is missing, because such a scenario has already been forecasted last week.
As a result of Sunday elections in Greece, New Democracy took 29.5% of the vote, SYRIZA in second place with 27.1%. The Socialist PASOK reached third place with 12.3%
New Democracy is likely to form a government with PASOK. Both parties want to commit to obligations of savings, which are a condition of further financial aid from EU and IMF.