Tag Archives: Greece

Greece election could throw Europe back into turmoil

GlobalPost, May 6, 2012

BERLIN — The fascination with the battle for the French presidency has overshadowed another crucial European election this Sunday. A weary and angry Greek people are going to the polls on May 6, in what is being described as the most important election in 40 years.

And the results are anything but predictable.

One thing seems certain though: The two big parties that have dominated Greek politics for four decades are in for a drubbing, something which is likely to make the already volatile political situation even more unstable after Sunday.

The question is whether, amid growing support for a plethora of smaller anti-austerity parties, they will muster enough seats to hammer together another coalition.

Otherwise, Greece could have difficulty fulfilling the terms of its bailout, ultimately risking its euro membership and even threatening the euro zone itself. Continue reading

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