Leftist candidate Tsipras votes in Greece
- 12 years ago
ROUGH CUT NO REPORTER NARRATION
Leftist SYRIZA leader Alexis Tsipras cast his ballot in Greece Sunday where election results could upturn financial markets the world over.
Tsipras, who is threatening to tear up the terms of the country's 130 billion euro (163.75 billion U.S dollar) bailout, wants to renegotiate the deal.
His opponent, establishment heir and New Democracy leader Antonis Samaras, however, says rejection of the EU/IMF bailout would mean a return to the drachma and even greater economic calamity.
The election is too close to call and could push the debt-ridden country out of the European single currency, rocking the euro to its core and sowing turmoil in global financial markets.
A Greek exit from the single currency would heap further pressure on two far larger European economies - Spain has already received up to 100 billion euros to save debt-riddled banks and Italy could be next to seek a bailout.
Leftist SYRIZA leader Alexis Tsipras cast his ballot in Greece Sunday where election results could upturn financial markets the world over.
Tsipras, who is threatening to tear up the terms of the country's 130 billion euro (163.75 billion U.S dollar) bailout, wants to renegotiate the deal.
His opponent, establishment heir and New Democracy leader Antonis Samaras, however, says rejection of the EU/IMF bailout would mean a return to the drachma and even greater economic calamity.
The election is too close to call and could push the debt-ridden country out of the European single currency, rocking the euro to its core and sowing turmoil in global financial markets.
A Greek exit from the single currency would heap further pressure on two far larger European economies - Spain has already received up to 100 billion euros to save debt-riddled banks and Italy could be next to seek a bailout.