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greece snap elections

Greeks return to polls as voting has begun in the country’s snap general election.

Opinion polls indicate a tight race between the left-wing incumbent Syriza party and the conservative New Democracy.

The snap election, Greece’s fifth in six years, was called after Syriza lost its parliamentary majority in August.

Syriza leader Alexis Tsipras’s popularity plummeted after he agreed a new bailout deal with European leaders.

The bailout involved austerity measures which Syriza had vowed to oppose.

Greece is mired in a deep financial crisis and whoever wins today’s election will have to oversee further tough economic reforms.

According to analysts, whichever party wins is unlikely to get enough seats to form a government alone.

That could mean a period of political instability just as deadlines loom for the implementation of a series of key financial reforms.

Former PM Alexis Tsipras said Greeks would elect “a fighting government” that will “move on with necessary reforms and break with the old regime”, as he cast his ballot on Sunday morning in the Athens district of Kypseli.

Photo AP

Photo AP

Alexis Tsipras signed the bailout deal shortly after a referendum in which more than 60% of voters rejected the austerity measures creditors wanted to impose.

In interviews leading up to the election, Alexis Tsipras Tsipras said he had put his country above his party. He said that had he not agreed to the three-year bailout, Greece would probably have had to leave the eurozone.

He told Antenna TV on September 18 he would “tug the rope” to try to win relief on Greece’s huge national debt from EU creditors.

His main rival, New Democracy leader Vangelis Meimarakis, has dismissed Alexis Tsipras’s term in office as “an experiment that cost [the country] dearly”.

“I fear that if Syriza is elected… the country will soon be led to elections again, and this would be disastrous,” he said.

Commentators say there is also a tight race for third place between the socialist Pasok party and the far-right Golden Dawn.

Analysts have said the migrant crisis on Greece’s doorstep may boost support for Golden Dawn, which is strongly opposed to immigration.

Polls close at 19:00 local time, with the first projected results expected two hours later.

Nearly 10 million Greeks have registered to vote.

Greek PM Alexis Tsipras has announced he is stepping down and has called an early election.

Alexis Tsipras had faced a rebellion within his ruling hard-left Syriza party over a new bailout deal which has been agreed with international creditors.

Greece received the first €13 billion ($14.5 billion) tranche on August 20, allowing it to repay a debt to the European Central Bank (ECB) and avoid a messy default.

However, the austerity measures needed for the deal angered many in his party.

Alexis Tsipras had to agree to further painful state sector cuts, including far-reaching pension reforms, in exchange for the bailout – and keeping Greece in the eurozone.

The overall bailout package is worth about €86 billion over three years. The payment of the first tranche was made on August 20 after the bailout deal – Greece’s third in five years – was approved by relevant European parliaments.

Photo AP

Photo AP

Alexis Tsipras made the announcement in a televised state address on August 20.

The prime minister said that with the first tranche of the bailout arriving, he now had the moral duty to ask the Greek people to deliver their judgment.

He said he would seek the vote of the Greek people to continue his government’s program.

Alexis Tsipras said Greeks would have to decide whether he had represented them courageously with the creditors.

He will visit President Prokopis Pavlopoulos later in the evening to submit his resignation. Greece will then be run by a caretaker government.

Reacting to the news, Martin Selmayr, European Commission President Jean-Claude Juncker’s chief-of-staff, tweeted that “swift elections in Greece can be a way to broaden support” for the bailout deal.

Some 43 of Syriza’s 149 members of parliament had either opposed the bailout or abstained in the August 14 parliamentary vote that approved the deal.

The rebellion meant Alexis Tsipras, who was elected this January, had effectively lost his parliamentary majority.

Alexis Tsipras had won power on a manifesto of opposing the stringent austerity conditions that he has now accepted.

He said he was forced to do so because a majority of Greeks wanted to stay in the eurozone, and this could not be achieved in any other way.

Greece remains under strict capital controls, with weekly limits on cash withdrawals for Greek citizens.

According to the Greek constitution, if a government resigns within a year of election, the president will ask the second-largest party – in this case the conservative New Democracy – to try to form an administration.

If this fails, the next largest party must be given a chance.

However, analysts say both parties can waive this and allow the president to approve the snap election.

According to Greek media, PM Alexis Tsipras is set to call a snap election for September 20.

Alexis Tsipras has faced a rebellion within his ruling hard-left Syriza party over a new bailout deal which has been agreed with international creditors.

Greece received the first €13 billion ($14.5 billion) tranche on August 20, allowing it to repay a debt to the European Central Bank (ECB) and avoid a messy default.

However, the austerity measures needed for the deal angered many in his party.

Alexis Tsipras had to agree to further painful state sector cuts, including far-reaching pension reforms, in exchange for the bailout – and keeping Greece in the eurozone.

The overall bailout package is worth about €86 billion over three years. The payment of the first tranche was made on August 20 after the bailout deal – Greece’s third in five years – was approved by relevant European parliaments.

Alexis Tsipras is to make a televised state address later on Thursday.Alexis Tsipras calls for Greece snap elections

The prime ministere is set to submit his resignation to the president to clear the way for the elections, the media reports said.

Energy and Environment Minister Panos Skourletis said on state TV: “The certainty is that the need for elections has arisen.”

Reacting to the reports, Martin Selmayr, European Commission President Jean-Claude Juncker’s chief-of-staff, tweeted that “swift elections in Greece can be a way to broaden support” for the bailout deal.

Some 43 of Syriza’s 149 members of parliament had either opposed the bailout or abstained in last Friday’s Greek parliamentary vote that approved the deal.

The rebellion meant Alexis Tsipras, who was elected this January, had effectively lost his parliamentary majority.

Alexis Tsipras had won power on a manifesto of opposing the stringent austerity conditions that he has now accepted.

The prime minister said he was forced to do so because a majority of Greeks wanted to stay in the eurozone, and this could not be achieved in any other way.

Greece remains under strict capital controls, with weekly limits on cash withdrawals for Greek citizens.

According to the Greek constitution, if the government resigns within a year of election, the president will ask the second-largest party – in this case the conservative New Democracy – to try to form a new government.

If this fails, the next largest party must be given a chance.

However, analysts say both parties can waive this and allow the president to approve the snap election.