News

Exit Polls: Top Greek Parties Suffer Major Election Losses

A Greek Orthodox priest holds his ballot paper as he exits a voting booth at an Athens primary school used as a polling station, during Greece's general election, May 6, 2012.
A Greek Orthodox priest holds his ballot paper as he exits a voting booth at an Athens primary school used as a polling station, during Greece's general election, May 6, 2012.

Greek voters have punished the two main parties for imposing unpopular economic austerity measures demanded by the European Union.

Government projections from Sunday's parliamentary elections show the conservative New Democracy party winning about 19 percent of the votes -- far short of being able to form a government on its own and sharply down from the 2009 election.

The Socialist PASOK party is projected to win 14 percent, while the leftist Syriza is predicted to win 16 percent.

If the projections hold up, party leaders, those who back the austerity plans and those opposed, would enter into what are likely to be tough talks on forming a new coalition government.

PASOK took power in 2009 and soon discovered the country was deep in debt. It entered into a coalition late last year with the conservatives with the aim of getting parliament to pass the tough economic austerity measures. The EU demanded Greece impose the measures if it wanted crucial bailout money.

The measures include job cuts and tax hikes, infuriating millions of Greeks who say they sacrificed enough.

Both parties, which joined forces in 2009, have said they will press the European Union, the International Monetary Fund and the European Central Bank to ease austerity requirements imposed on Athens' debt-ridden government in return for more than $300 billion in two bailouts. But many Greeks accuse the ND-PASOK coalition of fueling the crisis with corrupt practices and widespread mismanagement.

More than 10 smaller parties that opposed the austerity plans are projected to win seats in parliament, running on platforms opposing the austerity measures. They include the communist KKE party that wants to leave the eurozone altogether.

The far-right anti-immigration Golden Dawn party was also poised to enter parliament for the first time in decades.

Some information for this report was provided by AP and AFP.

This forum has been closed.
Comment Sorting
Comments
     
by: teoxaridis
May 06, 2012 8:13 AM
WIN THE DEMOCRACY THE GREEK PEOPLE IS WIN

by: OBSERVER
May 06, 2012 7:54 AM
I hope the Greeks act like Romans and work their way out. Keep cost low and Income High , as simple as that.

by: taxed enough
May 06, 2012 4:56 AM
I hope the Greeks do not think they can solve their problems with more of other people's money.

by: steve stathakis
May 06, 2012 4:51 AM
i hope whoever the greek people elect will represent the people, not the banks who are profiting from the bail outs. time to restructure tax codes, go back to the drachma, and stand on their economic strengths for stability

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Colombians Flee Venezuela as Border Crisis Escalatesi
X
August 27, 2015 2:08 AM
Hundreds of Colombians have fled Venezuela since last week, amid an escalating border crisis between the two countries. Last week, Venezuelan President Nicolas Maduro ordered the closure of a key border crossing after smugglers injured three Venezuelan soldiers and a civilian. The president also ordered the deportation of Colombians who are in Venezuela illegally. Zlatica Hoke reports.
Video

Video Colombians Flee Venezuela as Border Crisis Escalates

Hundreds of Colombians have fled Venezuela since last week, amid an escalating border crisis between the two countries. Last week, Venezuelan President Nicolas Maduro ordered the closure of a key border crossing after smugglers injured three Venezuelan soldiers and a civilian. The president also ordered the deportation of Colombians who are in Venezuela illegally. Zlatica Hoke reports.
Video

Video Is China's Economic Data Accurate?

Some investors say China's wild stock market gyrations have been made worse by worries about the reliability of that nation's economic data. And some critics say the reports can mislead investors by painting an unrealistically-strong picture of the economy. A key China scholar says Beijing is not fudging ((manipulating)) the numbers, but that the economy is evolving quickly from smoke-stack industries to services, and the ways of tracking new economic activity are falling behind the change. V
Video

Video Next to Iran, Climate at Forefront of Obama Agenda

President Barack Obama this week announced new initiatives aimed at making it easier for Americans to access renewable energy sources such as solar and wind. Obama is not slowing down when it comes to pushing through climate change measures, an issue he says is the greatest threat to the country’s national security. VOA correspondent Aru Pande has more from the White House.
Video

Video Shipping Containers Provide Experimental Housing

Housing prices around the San Francisco Bay area are out of reach for many people, so some young entrepreneurs, artists and tech industry workers are creating their own houses using converted shipping containers. But as VOA's Mike O’Sullivan reports from Oakland, the effort requires ingenuity and dealing with restrictive local laws.
Video

Video Arctic Draws International Competition for Oil

A new geopolitical “Great Game” is underway in earth’s northernmost region, the Arctic, where Russia has claimed a large area for resource development and President Barack Obama recently approved Shell Oil Company’s test-drilling project in an area under U.S. control. Greg Flakus reports.
Video

Video Philippine Maritime Police: Chinese Fishermen a Threat to Country’s Security

China and the Philippines both claim maritime rights in the South China Sea.  That includes the right to fish in those waters. Jason Strother reports on how the Philippines is catching Chinese nationals it says are illegal poachers. He has the story from Palawan province.
Video

Video Technique May Eliminate Drill-and-Fill Dental Care

Many people dread visiting dentists because they're afraid of drills. Now, however, a technology developed by a British firm promises to eliminate the need for mechanical cleaning of dental cavities by speeding a natural process of tooth repair. VOA’s George Putic reports.
Video

Video China's Spratly Island Building Said to Light Up the Night 'Like A City'

Southeast Asian countries claim China has illegally seized territory in the Spratly islands. It is especially a concern for a Philippine mayor who says Beijing is occupying parts of his municipality. Jason Strother reports from the capital of Palawan province, Puerto Princesa.
Video

Video Ages-old Ice Reveals Secrets of Climate Change

Ice caps don't just exist at the world's poles. There are also tropical ice caps, and the largest sits atop the Peruvian Andes - but it is melting, quickly, and may be gone within the next 20 years. George Putic reports scientists are now rushing to take samples to get at the valuable information about climate change locked in the ice.
Video

Video French Experiment in Integrating Roma Under Threat

Plans to destroy France’s oldest slum have sparked an outcry on the part of its Roma residents. As Lisa Bryant reports from the Paris suburb of La Courneuve, rights groups argue the community is a fledgling experiment on integrating Roma who are often outcasts in many parts of Europe.
Video

Video Kenyans Turn to Agriculture for Business

Each year Kenyan universities continue to churn out graduates for the job market despite the already existing high rate of unemployment among youth in the country. Some of these young men and women have realized that agriculture can be as rewarding as any other business or job, and they are resorting to agribusiness in large numbers as a way of tackling unemployment. Rael Ombuor reports for VOA.
Video

Video First Women Graduate Elite Army Ranger School

Two women are making history for the U.S. Army by proving they are among the toughest of the tough. VOA's Carla Babb reports from Fort Benning, Georgia as 94 men and those two women rise as graduates of the difficult Ranger school.

VOA Blogs