GREECE, Dec 9 (AP): Greek shares are diving a day after the conservative-led government brought forward the date of a crucial presidential vote, raising a strong possibility of early general elections in the austerity-weary country.
The Athens benchmark general index was down 6.4 per cent in early trading Tuesday, reflecting fears of protracted political uncertainty as Greece struggles to complete a painful financial turnaround.
Greece's president is a figurehead with minimal political clout. But the election requires a super-majority that would probably elude the struggling governing coalition. If three successive votes, from December
17-29, prove fruitless, general elections must be called by early February.
The left-wing Syriza main opposition party is steadily leading polls, though without enough support to govern alone. Syriza opposes the international bailouts that saved Greece from bankruptcy in 2010.
Greek stocks hit as political uncertainty looms
FE Team | Published: December 10, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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