Greek PM Retracts General Elections Threat after Vote Count

World | November 8, 2010, Monday // 08:36
Bulgaria: Greek PM Retracts General Elections Threat after Vote Count Greek Prime Minister, George Papandreou, says Greeks had shown they wanted his government to press ahead with its austerity program. Photo by BGNES

With nearly half of votes counted, Greece's Socialist party PASOK managed to avoid a heavy defeat in crucial Sunday regional elections, it emerged Monday.

The results show that PASOK and the opposition party New Democracy are each ahead in six out of 13 regions.

The count in the last region – Peloponnese - is still too close to call, BBC reports Monday.

After the news, Greek Prime Minister, George Papandreou, dropped threats to call a snap general election, saying Greeks had shown they wanted his government to press ahead with its austerity program.

Nearly 10 million people were legally required to vote in Sunday's first round of regional elections for 13 governors and 325 mayors, but turnout was estimated by officials to have been only 60%.

Second round run-off elections will be held on November 14.

According to partial results, the Panhellenic Socialist Movement (PASOK) is leading in the regions of Greater Athens - where a third of Greece's population resides - Western Greece, Central Greece, Eastern Macedonia, Crete and the Southern Aegean.

New Democracy is ahead in Central Macedonia, Western Macedonia, the Northern Aegean, Epirus, Thessaly, and the Ionian Islands.

The decision not to call a general election will please the International Monetary Fund and financial markets, which had become nervous at the prospect of political instability in Greece.

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Tags: PASOK, George Papandreou, greece, local elections, crisis, austerity measures, New Democracy

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