Mon, 18 Jun 2012 06:26:55 GMT
Greeks support austerity
Greek voters elected a pro-austerity parties on Sunday, easing concerns about short term future of Euro Area and sending financial markets higher. Preliminary results show that pro-austerity force New Democracy has won with 29.7%. The anti-austerity party is likely to end second with a 26.9% gain. Currently ruling Pasok party gained 12.3%. Analysts expect that pro-austerity coalition consisting of New Democracy