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A new poll puts the right-wing New Democracy party back in the lead in Greece with 26.1%, ahead...
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Friday, May 18, 2012, 5:56 AM ETA new poll puts the right-wing New Democracy party back in the lead in Greece with 26.1%, ahead of the anti-austerity SYRIZA, which had been well out in front last week. Crucially, New Democracy and the Socialist PASOK party would have enough seats to form a pro-bailout government.
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Here's a hint: I.M.F.
Syriza's inability to compromise in the interests of the people and tone down its rhetoric is pushing folks back to the partioes responsible for Greece's failures, ND / PASOK.
The situation is by no means resolved as Syriza may still soften its position, pulling those votes back, but the track continues to look distinctly like Greece is staying in the EU, and will vote for same.
Hopefully they will get a good mandate as voters come to their senses, and at least one macro risk will be taken off the table as the EU kicks that can down the road.