Greek Financial Crisis

New Elections Held in Greece

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Greece will hold a new election after politicians failed to form a government. Hold a new eclection will result in prolonging a political crisis that pushes it closer to bankruptcy and exit from the euro. "For God's sake, let's move towards something better and not something worse," Evangelos Venizelos, Socialist party leader, said after the meeting. Greece remains without a government since its inconclusive election left parliament split between supporters and opponents of a 130bn euro bailout package.

Read it at Aljazeera


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