Greek election: Anti-austerity Syriza battles New Democracy

25 Ιαν 2015

Greeks are voting in a general election which could result in Greece trying to renegotiate the terms of its bailout with international lenders.
   The leftwing Syriza party, which is tipped to win, wants part of Greece's huge debt written off and austerity measures revoked.
   This has spooked money markets and raised fears of a Greek exit from the euro. But the governing New Democracy party says the economy is recovering.
   Greece has endured tough budget cuts in return for the bailout negotiated with the so-called troika of lenders - the European Union, International Monetary Fund (IMF) and European Central Bank (ECB).
   The economy has shrunk drastically since the 2008 global financial crisis, increasing unemployment and throwing many Greeks into poverty. Polls across Greece opened at 07:00 local time (05:00 GMT) and will close at 19:00.

Greek economy in numbers
Average wage is €600 (£450: $690) a month.
Unemployment is at 25%, with youth unemployment almost 50%.
Economy has shrunk by 25% since the start of the eurozone crisis.
Country's debt is 175% of GDP.
Borrowed €240bn (£188bn) from the EU, the ECB and the IMF.
(Πηγή: www.bbc.com)

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