Greek conservatives say elections possible on April 29

Published on Wed, Feb 22, 2012 at 01:00 |  Source : Reuters

Updated at Wed, Feb 22, 2012 at 08:33  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Greek conservatives say elections possible on April 29

Greece's co-ruling conservative New Democracy party would agree to holding elections on April 29 instead of April 8 if more time is needed to complete a bond swap deal and avert a messy default, party sources said on Tuesday.

"April 8 is still a possibility but, if time is not enough, April 29 looks like a realistic date," one party source told Reuters on condition of anonymity.

"We've said from the start we want the elections as soon as the PSI (bond swap) is completed. Now we have a visible horizon. We don't want to delay for any other reason," the source added.

Party leader Antonis Samaras told Reuters in an interview in January he wanted elections no later than April 8. New Democracy is one of two parties supporting the coalition of technocrat Prime Minister Lucas Papademos, who secured a second bailout for debt-laden Greece on Tuesday.

  

Trending News

Business News

Flipboard launches Android app in beta
Subbarao's job just got harder - thanks to Q4 GDP crash "Subbarao's job just got harder - thanks to Q4 GDP crash"

Bharat Bandh hits normal life in several states

Prakash Javadekar CNBC-TV18 Exclusive Will Be Happy If A Probe In The Matter Has Been Ordered

The latest earning numbers FIRST on CNBC-TV18
Interviews

May 31 2012, 17:09 | Source: CNBC-TV18

Eyeing 5-6% growth in tractor segment during FY13: M&M  

May 31 2012, 14:55 | Source: CNBC-TV18

Expect reasonable growth in profits ahead: Praj Industries  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!