Greece elections 2012 exit poll 75%

Right-wing New Democracy and left-wing Syriza parties are almost neck-and-neck after Greek parliamentary elections, according to the first exit polls.

Greece elections exit polls 75% at 19:00, local time:

New Democracy: 27.5-30.5%

Syriza: 27-30%

Pasok: 10-12%

Right-wing New Democracy and left-wing Syriza parties are almost neck-and-neck after Greek parliamentary elections, according to the first exit polls

Greek elections outcomes:

If pro-austerity parties (Pasok and New Democracy) win:

• Could have best chance of re-negotiating bailout

• May say austerity measures need longer time-frame

• But may need a third party to form majority

If anti-austerity parties (Syriza and others) win:

• Syriza threatening not to honor bailout

• If so, Greece could be forced out of euro

• Reintroduction of Drachma would lead to devaluation, inflation and business failures

• But could allow economy to grow

If there is a hung parliament:

• Third round of elections needed

• More political uncertainty

• Restricted access to bailout funds

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Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

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