Greece may stay in eurozone as pro-austerity parties win polls

Rappler.com

The world watched one of the most anticipated elections in years: the Greek elections on Sunday, June 18. On a momentous night in European politics, two parties supporting EU- and IMF-led bailout and austerity measures clinched enough votes to form a government in tight polls, which also played as a decision point on whether Greece would become the first among the 17-member European Union to be forced out of the single currency regime. A wave of anti-austerity sentiment has plagued the eurozone, especially debt-hit Greece, stirring fears that if Greece leaves the bloc and not respect its international debt commitments, a deeper and immediate crisis in the region awaits. Despite the reprieve, analysts warned that concerns about the embattled eurozone or Greece’s economic future remain.

Read more on Rappler: election results

The Greek economy in facts and figures

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