Sunday, October 04, 2009 ATHENS: Greeks voted in a snap election Sunday with the opposition socialists expected to top Prime Minister Costas Karamanlis' party, which has been hit by corruption scandals and a badly slumping economy. Led by former foreign minister George Papandreou, son of late prime minister Andreas Papandreou, the socialist PASOK party held a lead of 5-7 points over the ruling conservatives in the final opinion polls published two weeks ago. Karamanlis called the election halfway through his four-year term with his New Democracy party, distracted by corruption scandals, finding it difficult to govern as the country faces a dire economic crisis. Buoyed for years by growth rates of around four percent partly attributed to EU funds, Greece is now on the brink of recession with output growth at near zero. Greece's public debt, one of the highest in the eurozone, is set to exceed 100 percent of GDP this year, and the European Union placed the country under supervis...
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