Greece: Second round of local elections
Greeks are voting in the second round of local elections that are widely seen as a referendum on the government’s tough austerity program.
Sunday, 14.11.2010.
15:53
Greeks are voting in the second round of local elections that are widely seen as a referendum on the government’s tough austerity program. The ruling socialists emerged ahead in a majority of regions after last Sunday’s ballot but only with a wafer-thin lead, in a poll marred by abstentions. Greece: Second round of local elections That was enough for Prime Minister George Papandreou to lift his threat of calling an early general election. But debt-stricken Greece and Papandreou are not out of the woods yet. Today he evoked the possibility of extending repayment of the EU/IMF loan that saved the country from bankruptcy in May. Many have been hit hard by tough belt-tightening measures, agreed under the bailout. Further austerity cuts risk triggering more street protests. EU and IMF representatives will visit Athens on Monday to assess its cost-cutting efforts. (Beta)
Greece: Second round of local elections
That was enough for Prime Minister George Papandreou to lift his threat of calling an early general election. But debt-stricken Greece and Papandreou are not out of the woods yet.Today he evoked the possibility of extending repayment of the EU/IMF loan that saved the country from bankruptcy in May.
Many have been hit hard by tough belt-tightening measures, agreed under the bailout. Further austerity cuts risk triggering more street protests.
EU and IMF representatives will visit Athens on Monday to assess its cost-cutting efforts.
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