Greeks head to polls in crucial election

Written By Unknown on Minggu, 25 Januari 2015 | 22.40

Some 10 million Greek voters are going to the polls today in an election that could have major implications for that country's future in the eurozone, and for the fortunes of anti-austerity parties in a number of EU member states.


Opinion polls have put the far-left Syriza party well in front, with the centre-right New Democracy party running second.

Syriza's election promises to reject the country's bailout related austerity programme and to push aggressively for a debt write down have placed the party on a potential collision course with its international lenders.


The outgoing New Democracy-led coalition had hoped to exit the country's bailout last year and to secure its political fortunes.

But it was not to be. The markets took fright at Greece trying to go it alone, and persistent disagreement with the troika of lenders over reform targets pushed the country back into crisis. 

Since the election was called in December, the far left Syriza alliance has been riding high in the polls. Under its charismatic leader Alexis Tsipras it has promised to discard austerity and reform measures, to boost public spending, and to negotiate a 50% cut in the country's debt.

That has put Syriza on a collision course with the country's lenders, and with fiscally hardline creditor countries like Germany, Finland and the Netherlands.

Mr Tsipras has been moderating his rhetoric of late, and there is the possibility he may not win enough votes to form an overall majority.

But the party's appeal reflects deep-seated weariness over years of hardship, tax increases and job losses.

Many voters may simply vote for Syriza out of defiance or desperation - a victory could rearrange the political centre of gravity elsewhere in Europe, especially if Mr Tsipras wins the concessions his party demands.


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