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

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

React to this article
Latest news
Date Title
<1m ago ECR MINERALS : Drilling to Commence at Itogon Gold Project in January 2015
<1m ago EXETER RESOURCE : Dec 22, 2014 Exeter Drilling Continues to Encounter Significant Water Download PDF
<1m ago ATMANCO : How to look beyond the good salesman to hire the RIGHT one
<1m ago ARMOUR : 22 December 2014 Form 8 (OPD) Armour Group Plc
<1m ago TAURON POLSKA ENERGIA : Current report No. 43/2014
<1m ago FUTUREFUEL : Other Events (form 8-K)
<1m ago LITTELFUSE : DE : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
<1m ago KENNEDY WILSON : Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)
<1m ago MACROGENICS : Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Other Events, Financial Statements and Exhibits (form 8-K)
<1m ago TESCO : FRC to probe PwC over Tesco accounting scandal
Latest news
Advertisement
Hot News 
PETARDS : Wins GBP1 Million Equipment Deal With Ministry Of Defence
SOITEC : updates its 2015 and 2016 financial guidance
ACTION HOTELS : Finishes Two Hotels In Bahrain, UAE With Third Coming
STRATEX : Year End Project and Corporate Update
ADOCIA : shareholder newsletter and invitation to two conference calls today and tomorrow
Most Read News
1d ago GOODMAN : GMG distribution for the six months ending 31 December 2014
1d agoDJBANK OF EAST ASIA : Thomas Kwok Conviction Won't Impact Company
1d ago SONY : Kevin Hart to host 'Saturday Night Live' Jan. 17
1d ago SMARTAC CHINA : 22 Dec 2014Announcements and Notices - Voluntary Announcement in Respect of Signing of Wi-fi installation and Post-installation Maintenance and Operation Agreement
1d ago INDOOR SKYDIVE AUSTRALIA : ASX:IDZ) Perth Development Application Lodged
Most recommended articles
2m agoDJLyondellBasell Files 8K - Changes Executive Management
5m agoDJEconomists Again Cut Brazil Economic Growth Outlook
5m agoDJEuropean Markets Register Modest Gains -- Update
8m agoDJTaiwan November Export Orders Stay Near Record High -- Update
11m ago Airbus delivers first A350, rules out cancelling A380 project
Dynamic quotes  
ON
| OFF