Greece’s Future Uncertain

The minority victory by Antonis Samaras and the center-right New Democracy Party in Greece means that economic reform will be difficult to implement in the face of The Coalition of the Radical Left, the anti-austerity party that came second. The traditionally dominant Socialist Party lost over two-thirds of its seats in the election, placing third.

Many voters blamed the Socialist and New Democracy parties, which both backed Greece’s largest loan agreement, for the country’s economic turmoil and turned in sufficient numbers to new faces in politics, including the newly formed Independent Greeks party, which placed fourth. Ultimately it will now take an agreement of the left to enact the drastic reform Greece requires.

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