2010-11-14

Austerity wins in Greece

Greek Socialists lead in poll as debt fears rise
Greece's governing Socialists won several key local election runoffs Sunday, including a mayoral race in Athens for the first time in 24 years, despite renewed pressure on the crisis-hit nation to further cut spending.

With 75 percent of the national vote counted, the governing party led in eight of 13 races for regional governors, clinching the contest in greater Athens and three other regions.

The result provided a badly needed boost for Prime Minister George Papandreou, who is facing growing discontent over austerity and rising unemployment -- as well as pressure from European partners to make deeper cuts.

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