Election updates - data / news as it rolls in . And a handy Calendar of events for May - just to have a handy cheatlist

http://www.zerohedge.com/news/banks-nightmare-coming-true-greek-left-calls-anti-bailout-coalition The Banks' Nightmare Is Coming True: Greek Left Calls For Anti-Bailout Coalition Submitted by Tyler Durden on 05/06/2012 16:25 -0400 Greece   Reuters The only saving grace of the earlier horrendous Greek parliamentary vote was that, based on very preliminary results New Democracy and Pasok would be able to form a coalition government with precisely 151 seats needed in parliament to give them status quo powers. However, according to a more recent re-rack of the votes (New Democracy 18.9%, 108 seats, Pasok 13.4%,41 seats, Syrizia: 16.6%, 51 seats, and all others), this assumption is now in jeopardy as the two pro-bailout parties will have just 149 seats in the new parliament, or not even a full majority. Why is this problematic? Because virtually every other party in the new parliament, and there may be up to 10 there including the New Dawn, have voiced their opposition to the bailout of Greece, which as everyone knows is merely a bailout of Europe's insolvent banks using Greek taxpayer funds as a conduit. And, adding insult to injury, Reuters nowreports that "Greek leftist leader calls for anti-bailout coalition." It appears that finally, after many years of delays, the anti "bailout" genie is finally out of bottle... From Reuters: Greece's Left Coalition called on Sunday for an anti-bailout coalition, saying the country's general election showed that austerity policies had been soundly defeated and a peaceful revolution ushered in. The Communist KKE - which believes Greece should abandon the euro - immediately rejected Tsipras's call for a leftist alliance. "Mrs Merkel needs to understand that austerity policies have suffered a huge defeat," said Left Coalition leader Alexis Tsipras, referring to German Chancellor Angela Merkel. "With their vote, Greek people gave a mandate for a new dawn in our country with solidarity and justice instead of barbaric bailout measures." Tsipras' party has emerged as the surprise star of the election and is on track to finish in second place with 16 percent of the vote, according to early results. The success comes at the expense of the big pro-bailout parties, New Democracy and PASOK, who were punished for backing austerity. The KKE are projected to take about 8.5 percent of the vote. "The parties which signed the bailouts without Greek people's consent are now a minority," Tsipras said. Watch for this Greek development to metastasize to all other PIIGS countries. Europe's bankers better pray that Draghi, with Goldman and the Fed's blessing of course, announces some form of monetary intervention soon or things will get ugly. things are going from bad to worse for the Troika and the Banksters it would appear..... http://www.athensnews.gr/portal/1/55385 11.17pm New Democracy (ND) party leader Antonis Samaras on Sunday evening tabled a proposal, under two conditions, following the announcement of the partial results of the general elections. The first condition, Samaras said, is for Greece to remain in the Eurozone and the second is the changing of the Memorandum's (bailout package) policies, "so as to have growth and relief for Greek society." Samaras said the policies implemented previously by Pasok, have reached their limits as regards Greek society's endurance, charging that such policies did not include measures for growth, which he had repeatedly proposed, both in Greece and in Europe. "The New Democracy party is emerging as the first party, something that increases its responsibilities, I understand the people's rage, but our party will not leave Greece ungoverned," Samaras added. and...... http://www.athensnews.gr/portal/8/55386 The Greek electorate dealt a fatal blow to the decades-old hegemony of the two parties, Pasok and New Democracy, that approved the harsh EU-IMF bailout memorandum. New Democracy placed first as expected, but its 19.18 percent is a far cry for a parliamentary majority, and a steep drop from its 33.5 percent when ND was routed in 2008. Many expected a strong backlash from the centrist, liberal faction of the party, which has criticised leader Antonis Samaras’ strategy. The results noted are as announced at 9.30 pm, with about a fifth of the votes counted, by the Singular Logic company that is processing the returns. ND was decimated by its leader’s decision to expel about 20 MPs that voted down the bailout memorandum. The Independent Greeks, an ND splinter party, is garnering 10.5 percent. Party leader Panos Kammenos suggested that MPs may break party lines to form an ant-memorandum coalition, and he alluded to possible leadership challenges in parties. The astounding success of the Radical Left Coalition (Syriza), which is poised with 16.5 percent, to become the main opposition, is the greatest upset of the election. That guarantees party leader Alexis Tsipras an exploratory mandate, if Samaras fails to form government, to see if he can form a left-wing anti-memorandum government, as he pledged. The total collapse of Pasok is the most dramatic development in the election, as its 13.6 percent is about 30 percentage points less than its 2009 showing. Only in the 1970s, before the party first came to power, did it record a lower result. Pasok leader Evangelos Venizelos said there was no clear mandate for any single party. He called for a national unity government, comprised of all pro-EU parties, regardless of their position on the harsh fiscal adjustment programme. Venizelos said that the electorate completely upset the political scene, and he attributed the electoral disaster to the fact that Pasok on its own had to manage the crisis all on its own. “We embittered the people to protect the future of the nation. History will judge,” Venizelos said after the 9.30pm results. “Let the God of Greece help us!” he proclaimed, declaring that the party must be “reborn”. Venizelos noted that a Pasok-ND coalition is not feasible, and that a coalition government needs broader participation. “We are back to where we started in 1974,” Pasok MP Petros Efthimiou told private Mega TV after Venizelos’ statement.  Parties that are pro-EU but oppose the memorandum include Fotis Kouvelis’ Democratic Left, which is expected to receive about six percent. Panos Kammenos’ anti-memorandum Independent Greeks is not anti-EU per se, but Kammenos says he will not cooperate with the leaders of Pasok and ND, whom he denounces as “traitors”. The Communist Party (KKE) appeared to gain little support from the crisis, as its 8.5 percent is just a tad higher than the 7.54 percent it received in 2009. The entry into parliament of the extreme right Golden Dawn party, with a projected seven percent, is one of the most alarming results of the election. That would give the neo-Nazi party about 22 seats in the 300 member legislature. Three parties appear to be a hair’s breadth from entering parliament. Both right wing Laos and the Ecogreens are projected to receive about 2.9 percent, a sliver shy of the three percent threshold. Dora Bakoyannis’ Democratic Alliance garnered 2.7 percent in the 9:30 pm projections, based on 50 percent of the nationwide count. and earlier.... Election updates - party names added in english by me !  http://www.ekathimerini.com/ Parliamentary Elections 2012

Nationwide 23.46% Updated: 06-05-2012 22:05:00

Parties Percentage Seats Votes   20,73%  ( New Democracy )  113 261.914   15,44%      ( Syriza ) 47 195.045   14,40%       ( Pasok )  44 181.866   10,28%          ( Independent Greeks ) 32 129.851   8,28%             ( KKE - Communist Party )  25 104.621   6,77%              ( Golden Dawn )  21 85.546   5,93%               ( Democratic Left )  18 74.955   2,87% 0 36.314   2,76% 0 34.873   2,66% 0 33.589   1,85% 0 23.371   1,54% 0 19.513   0,91% 0 11.541   5,56% 0 70.220

Profile of the Parties

election items ..... watch what happens here ! !

8.56pm The final Alco exit poll has been published:

New Democracy 19-20.5

Syriza 15.5-17

Pasok 13-14

Independent Greeks 10-11

KKE 8-9.5

Golden Dawn 6.5 -7.5

Democratic Left 5.5-6.5

Laos 2.7-3.3

Ecogreens 2.7-3.3

Democratic Alliance 2-2.8

Drasi 2-2.8

Re-create Greece 1.9-2.5

Antarsya 1.2-2

Other 2-4

 and then this to put in perspective the next item..... 

8.43pm It has been reported that Anonymous have "attacked" the Pasok and Interior Ministry websites. Currently, the Interior Ministry site seems to be working fine, while the Pasok site is in fact down. 

fancy this switchero ! ! ! 

9.17pm New Democracy is in the lead with 22.22 percent according to the first nationwide election results in Greece announced by the interior ministry via Singular Logic, with 6.74 percent of the vote counted.

The percentage received by each of the parties based on results so far was the following:

New Democracy 22.22

Syriza  14.32

Pasok 15.11

Independent Greeks 10.08

Communist Party of Greece 8.23

Chryssi Avgi 6.72

dates to keep our eyes on as the election results get sorted out.....

1)  Debt maturation for May

      A)  8^th May:                             Greece €1.6 billion debt matures
              15th May:                            Greece € 430 million english law bonds due holdouts matures 

             18^th May:                             Greece €8 billion debt matures

2)     Political Area events :           Europe

           A) 

                    14th / 15th May :                 EuroGroup and EconFin Ministers Meet  

                   19th  /20th May:                   G8 Leaders Summit

                              25th May :                    Germany Parliament Vote on Fiscal Compact   

                              31st May  :                    Ireland Referendum on Fiscal Compact   

            B)      20th / 21st May  :                 Nato Summit