Greece’s – snap general election

25 01 2015

A legislative election  take place in Greece on 25 January 2015 to elect all 300 members to the Hellenic Parliament in accordance with the constitution. The election are held as per scheduled due to the failure of the Greek parliament to elect a new president on 29 December 2014.
Greece voting on an election likely to bring in a government led by the left-wing Syriza party, which has promised to take on international lenders and roll back painful austerity measures imposed during years of economic crisis.The victory for Syriza, led opinion polls for months, would produce the first government in the eurozone openly committed to cancelling the austerity terms of its EU and IMF-backed bailout programme.

Greece has endured tough budget cuts in return for its bailout, negotiated with the European Union, International Monetary Fund (IMF) and European Central Bank (ECB).

The economy has shrunk drastically since the 2008 global financial crisis, and increasing unemployment has thrown many Greeks into poverty.

A Syriza win is turning point for Europe after last week’s announcement by the European Central Bank of a massive injection of cash into the bloc’s flagging economy after years of trying to clamp down on budgets and pushing countries to pass structural reforms.

Polls are due to close at 1700GMT with the first exit poll expected immediately after voting ends.
Greeks 9.8 millions are registered to vote in the election.


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