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 SSP : *nomura initiates ssp group with 'buy' - target 263 pence
<1m agoDJANTOFAGASTA : Reshuffles Chairman, CEO Roles
1m ago ARAB BANK : The Children’s Museum Jordan signs a cooperation agreement with Arab Bank for 2014
1m ago MAX PETROLEUM : Form 8.3 - Max Petroleum Plc
1m ago ASCENT RESOURCES : Appointment of Director
1m ago AMBU A/S : Interim report for Q3 2013/14 (1 April - 30 June)
1m ago STANDARD CHARTERED : DFS Consent Order Relating to Standard Chartered
1m ago GREATLAND GOLD : Lisle RC Drilling August 19, 2014
1m ago GRAPHENE NANOCHEM : launch new website
1m ago CHARIOT OIL & GAS : - Brazil Farm-Out
Latest news
Advertisement
Hot News 
Aeropostale Inc. (ARO) Leads Small-Cap Stars in Early Trading for August 19
HOME DEPOT : Business Highlights
SHOPRITE : slumps as results disappoint
SOLSTAD OFFSHORE ASA : Notification of trade
ASCOM : wins two substantial orders in both divisions
Most Read News
1d ago EXCLUSIVE : Amid investor pressure, PetSmart says to explore sale
1d ago EATON : Helps Achieve Code Compliance with Safe and Compact Circuit Protection Products Tailored for Construction Applications
1d ago CITIGROUP : considers sale of Japan retail unit
1d ago CANADA'S COUCHE-TARD MAKES SHORT-LIST IN $16 BILLION SINOPEC UNIT SALE : sources
1d ago Standard Chartered to pay $300 million for oversight shortfalls
Most recommended articles
2m agoDJNymex Crude Remains Choppy, Brent Largely Rangebound
4m ago NOKIA : navigation unit head to step down
8m ago Malaysia's AirAsia X shares hit 2-month low on weaker Q2 earnings
10m ago GLENCORE : Mining giant Glencore launches $1 billion share buyback
12m agoDJCLINIGEN : Buys Oncology Support Therapy from AstraZeneca
Dynamic quotes  
ON
| OFF