Greek Elections Seen Leading to Instability

ATHENS. (“Wall Street Journal”)—Greece's election on Sunday is expected to usher in such political instability that officials from the country's major parties are planning another possible election within months. That, in turn, could threaten the viability of Greece's latest bailout package from the European Union and the International Monetary Fund and aggravate the euro zone's financial woes. A nation eager to punish its political establishment for Greece's financial and economic meltdown is set to give the country's two major established parties a drubbing this weekend.

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May 04, 2012