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Conservatives 'snatch election win'

20:05, Jun 17 2012

 

The conservative New Democracy party has snatched victory in crunch Greek elections and could gather enough support to form a pro-bailout coalition to keep the country in the eurozone, according to official projections.

The vote is seen as crucial for Europe and the wider financial world. Although no party will win enough seats in the 300-member parliament to form a government on its own, official projections show the two traditional parties - New Democracy and the socialist PASOK - would have enough seats to form a coalition together.

The projections showed New Democracy as winning 29.5% and 128 seats.

The radical left Syriza party, which has vowed to repeal Greece's international bailout conditions, is expected in second place with 27.1% and 72 seats. PASOK trails with 12.3% and 33 seats.

To form a majority government, a coalition would need at least 151 seats.

 
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