Elections in Greece June 2012. International media perception and coverage of consequences for Europe, Euro, the markets


Greeks are called to vote again this 17 June 2012 in legislative elections, just two months after previous general elections.

The results of the voting are crucial for the political and economic future of Greece, and its position in Europe and about the future of euro currency in this country.

As some other countries in Europe struggle with severe economic and financial conditions linked basically to a level of public debt and deficits judged unsustainable, there are growing fears that institutional and economic problems faced by Greece are not just a local matter. Greek elections are viewed by many as a milestone of extraordinary importance for the future of the euro currency and the evolution of the European Union.

Even if Greece is a rather small country in Europe in terms of population and of size of the economy, the outcome of the elections will have probably systemic consequences in…

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