Topics:  contagion, drachma, euro, eurozone, greece, greek election

Euro vs Drachma

If Syriza wins and is able to form a governing coalition, chances rise that Greece may leave the eurozone because of the party's opposition to the 130 billion euro ($162 billion) bailout deal.
If Syriza wins and is able to form a governing coalition, chances rise that Greece may leave the eurozone because of the party's opposition to the 130 billion euro ($162 billion) bailout deal. Jim Eagles

GREECE is preparing to vote in an election that could drastically alter the future course of the debt-ridden country and determine whether it exits the eurozone.

With last month's vote leading to a stalemate, Greeks head back to the polls tomorrow with another tight result predicted.

Opinion polls put the conservative New Democracy party slightly ahead of the far left coalition Syriza.

If Syriza wins and is able to form a governing coalition, chances rise that Greece may leave the eurozone because of the party's opposition to the 130 billion euro ($162 billion) bailout deal.

New Democracy leader Antonis Samaras says a return to the former currency, the drachma, would be a "nightmare".

He has pledged to support the bailout deal that is keeping Greece from bankruptcy.

Read more at ABC news online.


inline-story-realEstate


Around the Network

Local Partners

Promotions

DUSTY DEXTER PI

The Paris Case

Our sexy private investigator is back on the case in Paris.

Find out more here

BUY A PHOTO

Local photos, taken by our staff, are available to buy.

Check out the latest photos here

Share Your...

Help make the news! Share your photos, stories, events or just post a general notice to the community.

Local Profile

Horoscopes

Gemini

Your compassion may be abused by those with powerful ambitions who may be using you to help them further their career. Approach your work tasks...

more


Marketplace

Special Offers & Promotions

Compare & Save