Thursday, May 17, 2012

Greece Again Going to Face New Election on 17 June


In Greece people will get a chance to vote again on 17 June.The election date was announced after party leaders met Greek President Karolos Papoulias on Wednesday.A judge has been appointed to head an interim government.Council of State president Panagiotis Pikramenos will head the care taker government until the election.In this election Greeks will vote on whether Greece should stay in the euro zone or not; said the former finance minister Philippos Sachinidis.The euro fell down to a new four month low against the dollar on Wednesday.Then on Wednesday the euro zone crisis pushed Asian stocks lower and knocked oil prices.Greece and the world's financial markets anxiously looking forward to know the election result on 17 June and awaiting for a good future.In between the newly inaugurated French president, Francois Hollande and the German Chancellor Angela Merkel had met in Berlin and the two great leaders agreed to work closely on growth in Europe during their first official meeting.  

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