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Greek Parties on Verge of Coalition Deal

HeadlineJun 19, 2012

Greece appears close to seeing a new coalition government days after parliamentary elections ended in a narrow finish. Leaders from the center-right New Democracy party say they have reached a preliminary deal with Socialist PASOK leaders for a coalition that would likely also include a smaller leftist party. The New Democracy party won by less than three percentage points over the second-place Syriza party, which has rejected joining any coalition that agrees to the harsh austerity measures required for an international bailout.

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