Greece 2012

[Vasall des Midas]

...which is precisely what Europe wants (with Merkel as Hindenburg) but the Greek constitution bans it and prescribes new elections instead if Brüning can't get the SPD onboard.

[Beet]

A national unity government isn't going to happen. All PASOK is doing is deepening the crisis by preventing the country from having a badly needed government.

[jaichind]

Euro is up 2 cents on US dollar since the exit polls.  If PASOK refuses to join ND gov it will go the other direction real soon.

[hawkeye59]

How likely would be a ND-PASOK coalition, with Venizelos as PM?
Also, is PASOK just bluffing?

[jaichind]

     June 17 (Bloomberg) -- European governments indicated a
willingness to adjust the terms of Greece’s bailout package as
long as a new government “swiftly” emerges from today’s
closely fought election.
     “The Eurogroup expects the Troika institutions to return
to Athens as soon as a new government is in place to exchange
views with the new government on the way forward,” euro-area
finance ministers, known as the Eurogroup, said in an e-mailed
statement in Brussels tonight.

[TheParliamentarian]

with that kind of coalition greece will burn...    pasok lost its mandate..  they are not change...  its like us voting democrats into congress and the white house for change..  you not going to get change from the same two parties uve been voting for for the last 30 years (hundreds in our case)  the may election made it clear that the greeks want change.

[Bacon King]

Don't have computer access unfortunately, just skimming through everything with my phone, but it's interesting to see SYRIZA basically replacing PASOK (and PASOK replacing KKE) in a manner reminiscent of Greece's old two-and-a-half party system.

Never got to post my analysis of the last polls; these results are similar to what I was expecting, though I was thinking there'd be a closer margin. Wouldn't be surprised to see SYRIZA close the gap a bit with late returns, though, just like they did last month. 

[Vasall des Midas]

Zakynthos is all in.

Syriza 34.7 (+18.7)
ND 28.3 (+7.2)
PASOK 11.7 (-3.9)
KKE 7.6 (-5.6)
ChrA 5.5 (-0.6)
Dimar 4.2 (-0.8)
Anel 4.1 (-1.3)

turnout 55.2, don't have the comparison figure but raw votes cast appear to be a tiny handful fewer than last time.

[Јas]

Just 1 vote for the Farmer Labour party (PAEKE) so far.

[Vasall des Midas]

Samos all in.

Syriza 25.5 (+11.5)
ND 24.6 (+7.3)
KKE 18.3 (-6.4)
PASOK 10.8 (-1.1)
ChrA 5.9 (+0.8)
Anel 5.7 (-2.8)
Dimar 4.6 (-0.3)

turnout 51.0%

Fun fact: Syriza didn't win any of the three islands the constituency is made up from.

Samos itself went 28.1-24.5 ND, Ikaria remains in KKE hands though it was close at 34.1-31.4, and tiny Fournoi was actually won by PASOK in a close three way tie with KKE (who won there last time) and ND.

[TheParliamentarian]

[Beet]

Of course, the 'anti-bailout' SYRIZA's campaign consists of promising an even bigger bailout, even though it's not theirs to promise.

[Vasall des Midas]

Well, "anti-bailout" is a ridiculous term.

[Vasall des Midas]

ND finally drops under 30%.

[Bleeding heart conservative, HTMLdon]

Could ND be allowed to form a minority government and PASOK could give it confidence without joining the government?

[Benwah [why on Earth do I post something] Courseyay]

I wonder how one can seriously rank Goden Dawn (their name would be the only fancy thing they have) in any part, that'd barely be a political party, but merely an anti-foreigners militia, and a quite efficient and appreciated one when it comes to violently wipe out foreigners from the center of Athens if I believe what said once the quite good French journalist in Greece Alexia Kefalas, apparently in some districts they became a kind of unofficial police that people call first.

And more generally yeah, this way to show things is kinda twisted.

[Beet]

ATHENS--The radical left Syriza party that won second place in Sunday's Greek elections will not participate in a government with the conservative winner, New Democracy, which is expected to form a coalition with the Socialist Pasok party this week.

"We will fight tooth and nail to persuade Syriza to participate," said a senior official of Pasok, whose leader has called repeatedly for a broad government of national unity. "But failing that, we will not leave the country ungoverned," he said.

Pasok officials added that they would seek to form a government with New Democracy and smaller parties such as the Democratic Left.

http://online.wsj.com/article/BT-CO-20120617-701186.html

Such a government would have 160+ votes, similar to or more than PASOK started with in 2009.

[Beet]

Tonight on CNBC, Michelle Caruso-Cabrera leads CNBC special documentary on "A Greek Tragedy." 8PM (eastern US, I assume)

Watch here
http://www.zahistation.com/watch-cnbc-live

[Ghyl Tarvoke]

As expected really... most surprising thing is that XA's vote more or less held steady.

See you in this thread again in six months time.

[Benwah [why on Earth do I post something] Courseyay]

What the heck?

I'm on itélé for French elections and their journalists (not the one I mentioned earlier), just said Golden Dawn would be part of the new govt.

Nah, it's just that this journalist might be very tired or something...(isn't it??)

[The Mikado]

What the heck?

I'm on itélé for French elections and their journalists (not the one I mentioned earlier), just said Golden Dawn would be part of the new govt.

Nah, it's just that this journalist might be very tired or something...(isn't it??)

Oh, but wouldn't it make a lot of sense to go into coalition with the Nazis?  I'm sure you could buy them off by just giving them the Interior Ministry.

[Marcus Aurelius]

AND, well, they proved themselves worthy by throwing water at Syriza's face, and punching KKE in the face so... That would be quite the reward to invite them.

Pasok make me puke. The sole fact that this "So" in their name stands for "socialist" makes me want to throw on each and every one of them.

[True Federalist]

What the heck?

I'm on itélé for French elections and their journalists (not the one I mentioned earlier), just said Golden Dawn would be part of the new govt.

Nah, it's just that this journalist might be very tired or something...(isn't it??)

Oh, but wouldn't it make a lot of sense to go into coalition with the Nazis?  I'm sure you could buy them off by just giving them the Interior Ministry.

Not only that, but turning over policing functions to XA volunteers would save the government money.

[Beet]

Where's the CNBC special report? I must have gotten the time wrong.

The Greek people have once again put in a heroic effort. The ball is now in Germany's court.

This government has six months to achieve internal devaluation, fix the current account, balance the primary deficit, and generally meet the targets of the IMF/Troika agreement. F__king around isn't going to do it any more. The success depends on things like opening up the professions (for real, not just passing a law that says 'we'll open the professions' but when you actually see more taxis on the streets), massively slashing government payrolls and government salaries, and the like, instead of enacting new taxes. Cost cuts should be focused on operations, while infrastructure and other projects to boost growth should not be cut.

[I left.]

Good results, happy for Greece.