Athens, Greece: Greek conservative New Democracy party came first in a critical election and pro-bailout parties won enough seats to form a joint government, receding fears of the country’s imminent exit from eurozone.
After an inconclusive ballot on May 6, Greece held its second national election in six weeks, AP reported.
The election was seen as a vote on whether Greece should stay in the 17-nation joint euro currency. Consequences could have been catastrophic for European nation, the US and the whole world had there been Greek exit.
With 82.5 percent of the vote counted, official results showed New Democracy winning 30 percent and 130 of the 300 seats in Parliament. The radical anti-bailout Syriza party had 26.6 percent and 71 seats and the pro-bailout Socialist PASOK party came in third with 12.5 percent of the vote and 33 seats.
The anti-immigrant nationalist Golden Dawn party had 6.9 percent and 18 seats, while the Democratic left won 6.1 percent and 18 seats.
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