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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Socialists set for comeback as Greece votes Sun Oct 4, 2009 1:24am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Ingrid Melander ATHENS (Reuters) - Greeks began voting on Sunday in an election that the socialist opposition was expected to win due to discontent with the government's failure to crack down on corruption and its handling of the economic crisis. The socialist PASOK is not certain of gathering an outright majority, however, raising the risk of weeks of political limbo when the Mediterranean country, seen as the euro zone's weakest link, must deal with an economy on the verge of recession. Weakened by scandals and a fragile parliamentary majority, conservative Prime Minister Costas Karamanlis called the snap poll in September, gambling he had a better chance of winning now than later in his four-year term. Opinion polls show a majority of Greece's nearly 10 million voters have not been convinced by his call for two years of austerity to put the slowing economy back on track, to include a public sector wage and hiring freeze. "I voted for PASOK because I was disappointed by the previous government. I want to see changes," 59-year-old secretary Dimitra Seseri said after casting her vote in Athens. PASOK's leader George Papandreou has offered a very different strategy, promising a 3 billion euro ($4.36 billion) stimulus package for the economy on a ticket of taxing the rich and helping the poor. Karamanlis, 53, a powerful speaker who appeals to the average Greek, and Papandreou, 57, a soft-spoken politician born in the United States, are heirs to two of Greece's most powerful political dynasties and are facing off for the third time. Karamanlis won in 2004 and 2007. BUDGET STRAINS Whoever wins will have to deal with a budget deficit topping 6 percent of GDP, the second-highest debt load as a percentage of GDP in the euro zone, rising unemployment and deep unhappiness with the education system and illegal migration. After years of robust growth, Greece's output, about 2.5 percent of the euro zone's total economy, is set to slow to zero growth or even enter negative territory this year, with key drivers and job providers like tourism particularly hard hit. Karamanlis said Papandreou's ideas would plunge Greece deeper into crisis. "PASOK and its leader promise unrealistic things which, if applied, would put a huge burden on people and bring the economy to a dead end," he said at his last election rally on Friday, closing a one-month, relatively quiet campaign. His challenger accused Karamanlis' New Democracy government of failing to tackle endemic corruption and protect the economy. "Let's win our dignity back, with an economy that gives jobs to the young and keeps small businesses alive," Papandreou told a rally in Athens on Thursday. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! 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