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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Exclusive: IRS hires "hundreds" for new wealth unit 11 Dec 2009 Thailand to charge plane crew over North Korean arms 5:50am EST Houston elects openly gay mayor 12:30am EST Google to produce, sell own "Nexus One" phones: report 12 Dec 2009 "Dead" man wakes up under autopsy knife 17 Sep 2007 Houston elects openly gay mayor 12:30am EST Exclusive: IRS hires "hundreds" for new wealth unit 11 Dec 2009 Rotating house puts family in a spin 11 Dec 2009 "Dead" man wakes up under autopsy knife 17 Sep 2007 Paris restaurant nets 1.5 million euros from wine sale 09 Dec 2009 Billionaire favored in Chile vote but run-off seen Alonso Soto SANTIAGO Sun Dec 13, 2009 6:26am EST Related News Chile's main presidential candidates 6:26am EST SANTIAGO (Reuters) - A conservative billionaire is the front-runner in Chile's presidential election on Sunday but is seen needing a run-off to break two decades of center-left rule since the end of Augusto Pinochet's dictatorship. World Center-right businessman Sebastian Pinera, who has vowed to build on prudent fiscal policies that have made Chile the world's No. 1 copper producer and a regional model of stability, led by a least 10 points in opinion polls before the first presidential vote since Pinochet died in 2006. But he is expected to fall short of the outright majority needed for election, setting up a January 17 run-off against Eduardo Frei, a former president from the splintered ruling coalition who is running second. Polls show Pinera winning a runoff by at least 6 points. It would be the first presidential election victory for the Chilean right in half a century, and a rare win in a region dominated by leftist governments. But few see major macroeconomic and political policy changes whoever prevails. "No apologies, much less last-minute ones, can fool or confuse Chileans, who know deep down in their hearts the Concertacion (ruling coalition) has worn out," Pinera told thousands of supporters at his closing rally on Thursday. "Chile needs a true renaissance which frees us from this state of lethargy," he wrote in newspaper column published on Sunday. Pinera's support has grown thanks partly to widespread disillusionment among voters who feel the center-left bloc has failed to better distribute billions of dollars in copper earnings via social programs. "I'm voting for Pinera, because after 20 years I have stopped believing in the Concertacion," 33-year-old software designer Karla Espinoza said as she voted at Pinera's boyhood school, Verbo Divino, in Santiago, shortly after polls opened on Sunday morning. "I think it's time for change, and Frei represents the old, the past," added Espinoza, who voted for center-left President Michelle Bachelet at the last election in 2005. Pinera, 60, who made his fortune introducing credit cards to Chile and owns more than 25 percent of regional airline LAN, plans to use corporate tax breaks and job subsidies to lure investment and reinvigorate growth. A Pinera win is seen giving Chile's stock market a boost. VOWS BUSINESS APPROACH TO GOVERNMENT Pinera, the runner-up in the 2005 presidential vote, wants to take a business approach to government and overhaul state copper miner Codelco, the world's largest, to boost an economy clawing out of its first recession in a decade because of the global economic slowdown. Critics say the Harvard-trained economist would govern like a greedy businessman in a nation still split by the legacy of Pinochet's 1973-1990 iron-fisted rule from which Pinera has long sought to distance himself. Some of his advisers worked under the dictatorship. Pinochet overthrew elected socialist President Salvador Allende in a bloody coup and more than 3,000 people were killed or "disappeared" during his 17-year rule. The youngest voters in Sunday's election were born after Pinochet stepped down and have grown up in a democracy without the shadow of the dictatorship influencing their votes as strongly as it has older Chileans. Voters will also choose members of the two-chamber Congress that is likely to stay divided, analysts say. That will force whoever wins to negotiate with rivals to legislate in the country of 16 million that stretches from an arid desert in the north to icy fjords in the far south. Bachelet, constitutionally barred from a second straight four-year term, has been unable to transfer her 77 percent approval rating to Frei, a civil engineer whose 1994-2000 administration was overshadowed by the Asian financial crisis and soaring unemployment. Frei is running on a pledge of continuity and some of his campaign posters have featured Bachelet prominently. He sees the state as having a bigger role in the economy. "Not only are we the rightful heirs of President Michelle Bachelet's government, but we will continue with her policies," Frei said during the final days of his campaign. Last week he accepted a proposal by the fourth-place leftist candidate to form a pact to try to block Pinera's second-round victory. But opposition to the proposed alliance by independent candidate Marco Enriquez-Ominami, who left the coalition and divided the left, could hurt Frei's chances. (Editing by Simon Gardner and Chris Wilson) World Add a Comment More from Reuters D-Day nears for Dubai's $3.5 billion debt hurdle DUBAI (Reuters) - Heavy rain pounded Dubai on Sunday adding to the gloom of the emirate's debt woes a day before the deadline of the $3.52 billion bond by state-owned developer Nakheel, with no word on how it will be handled. Kuwait finance minister says no dispute with Citi: report Saab confident will find buyer, Spyker in talks Volcker finds British bonus tax "interesting": report UAE, Oman seen unlikely to rejoin Gulf union now Environment ministers try to unlock climate deal » More Top News Health & Fitness: Great expectations Pregnant women are turning to the ancient practice of yoga in an effort to condition their bodies and minds for the challenges of parenthood. Full Article Lakshmi talks of endometriosis battle It's a bird, it's a plane, it's a ... baby boy! Lifestyle Pictures that defined a decade A man's grief as he holds the body of his relative in Georgia, heavy fog obscuring the Dubai skyline and a singed shoe are among the indelible Reuters images of the last 10 years. Slideshow Fifth selection in the series Do you agree with our choices? 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