Reuters
May 19, 2012
A flurry of polls on Saturday showed the race to lead Greece has tightened into a dead heat ahead of an election next month that could determine whether it remains in the euro.
Greece was forced to call the new vote for June 17 after an election on May 6 left parliament divided evenly between groups of parties that support and oppose austerity conditions attached to a 130 billion euro rescue agreed with lenders in March.
The failure of the two parties that dominated Greece for decades to win a pro-bailout majority, and the success of the anti-bailout radical leftist SYRIZA party which came second, have sent shock waves through Europe.
The overwhelming majority of Greeks want to keep the euro, but oppose the austerity conditions agreed with the EU and International Monetary Fund. If Greece renounces the bailout, EU leaders say they will pull the plug on funding, leading to rapid bankruptcy and an exit from the single currency.
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