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International

Greek poll winner vows to end ‘pain’

International Desk |
Update: 2015-01-26 08:47:00
Greek poll winner vows to end ‘pain’ Photo Courtesy: bbc.com

DHAKA: Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s ‘five years of humiliation and pain’ after his general election win.

Before cheering supporters, Tsipras again pledged to renegotiate Greece’s massive international bailout.

With nearly all of the votes counted in Sunday’s poll, Syriza looks set to have 149 seats, just two short of an absolute majority.

Syriza’s victory has raised fears about Greece’s future in the euro.

The currency fell to $1.11 against the US dollar following the result - the lowest level in more than 11 years.

Greece has endured tough budget cuts in return for its 2010 bailout, worth €240bn and negotiated with the so-called troika - the European Union, International Monetary Fund (IMF) and European Central Bank (ECB).

The economy has shrunk drastically since the 2008 global financial crisis, and increasing unemployment has thrown many Greeks into poverty.

BDST: 1947 HRS, JAN 26, 2015


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