Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Greece's Radical Left, Conservative Parties In Dead Heat

05/25/2012 | 05:36pm US/Eastern
Recommend:
0

ATHENS -- Greece's radical leftist Syriza party and the country's conservative New Democracy party are jockeying for first place ahead of next month's elections, with two opinion polls Friday showing each commanding a narrow lead over the other and a third showing them in a statistical dead heat.

According to a survey of voter intentions for the Metro weekend newspaper, New Democracy held a narrow 2.2-percentage-point lead over Syriza, with New Democracy garnering 23.6% of the vote versus 21.4% for Syriza. The poll, conducted by the Rass polling agency, also showed that 13.1% of voters were still undecided.

A second poll by the VPRC polling agency for the tvxs.gr website showed Syriza with 28.5% of the vote--after adjusting the figures to exclude undecided voters--against 26.0% for New Democracy.

Meanwhile, a third poll by the Metron polling agency for the privately owned ANT1 television channel showed the two parties statistically even with support for Syriza at 27.2% of the vote against 27.0% for New Democracy. That poll was also adjusted to strip out the effects of undecided voters.

Greece is headed for fresh elections June 17, after an inconclusive vote earlier this month left the country without a stable government. The elections next month are being viewed as a de facto referendum on Greece's future inside the euro zone, pitting Syriza against New Democracy and the Socialist Pasok party, who together support the reform program Greece has pledged its European and international creditors in exchange for a recent EUR130 billion ($162.9 billion) bailout.

In the May 6 elections, Syriza--which opposes the austerity program tied to the bailout--catapulted from a small fringe party with about 5% of the vote into a surprise second-place finish. Its popularity has grown since then, and is now vying for first place.

Other recent opinion polls released last weekend showed Syriza neck-and-neck with the conservative New Democracy party, indicating that the race still remains wide open.

Under Greece's electoral law, the party with the most votes receives 50 bonus seats in the country's 300 member parliament, making a first-place finish key in forming any future coalition government.

If New Democracy wins, it would likely form a coalition with Pasok--which is drawing between 12.5% and 14.8% support, depending on the poll--that would give them a majority in parliament. But it remains unclear whether Syriza would secure enough seats from allied parties to do so as well.

By Alkman Granitsas, Dow Jones Newswires; +30 210 373 1774; alkman.granitsas@dowjones.com

Recommend :
0
React to this article
Latest news
Date Title
<1m ago Judge Approves $2 Billion Sale of Los Angeles Clippers; Allows Sale to be Completed Regardless of Appeal
2m ago NEUBERGER BERMAN : Appoints Former KKR Executive Clifford Chiu As Senior Adviser For Asia
2m ago SAMSON OIL & GAS : Operational Advisory
9m ago CALTEX AUSTRALIA : campaign demonstrates how it keeps Australia moving
15m ago PGT : Earnings Release Conference Call Date and Time Change
15m ago QBE INSURANCE : Market update on 2014 interim result
17m ago HOMESTREET : Reports Second Quarter 2014 Results
18m ago Armory Releases First Decentralized Multi-Signature Bitcoin Platform, Pledges $10,000 in Donation Matching Using New Simulfunding Features
18m ago Dacian Gold Limited Quarterly Activities Report and Appendix 5B
19m ago DACIAN GOLD : ASX:DCN) Quarterly Activities Report and Appendix 5B
Latest news
Advertisement
Hot News 
STADIUM : Buys United Wireless For Up To GBP8 Million Cash And Shares
EL POLLO LOCO : Prices Its Initial Public Offering
FAMILY DOLLAR STORES : Dollar Tree, Inc. : to Acquire Family Dollar Stores, Inc. to Create North America’s Leading Discount Retailer
ARMSTRONG WORLD : Reports Second Quarter 2014 Results
FLOWGROUP : Director/PDMR Shareholding
Most Read News
2h ago ELECTRONICS FOR IMAGING : InnoMark Communications Targeting Efficiency in Comprehensive Production with EFI Radius Software
2h ago MASCO : Delivers Operating Growth in Second Quarter 2014
2h ago SILICON MOTION TECHNOLOGY : Announces Results for the Period Ended June 30, 2014
2h ago FIRST BANCSHARES MS : The First Bancshares, Inc. : Reports 2nd Quarter 2014 Earnings and Declaration of Dividend
2h ago TRULIA : EQUITY ALERT: The Rosen Law Firm Announces Investigation of Trulia, Inc. (TRLA) Concerning the Proposed Acquisition by Zillow Inc. (Z)
Most recommended articles
22m ago Japan June retail sales fall 0.6 percent year-on-year
22m ago Japan June household spending falls 3 percent vs year ago
22m ago Japan June labour demand hits 22-year high; jobless rate rises
22m ago EXCLUSIVE - U.S. CONDENSATE OIL EXPORT REQUESTS PUT ON HOLD FOR NOW : sources
22m ago DARDEN RESTAURANTS : CEO to step down amid investor pressure, stock jumps
Dynamic quotes  
ON
| OFF