Editorials: How An Election In Greece Could Cause Europe To Crumble | Yannis Palaiologos/The New Republic
Anyone anxiously waiting for the European Union’s death knell could do worse than circle May 6 on his calendar. That’s when Greece, a nation brought to its knees by an unprecedented economic crisis, is scheduled to hold what promises to be a turbulent parliamentary election. It’s an open question whether Europe’s fragile political balance—and Greece’s tenuous hold on membership in the Eurozone—will survive the subsequent aftershocks. What’s already clear is that life in Greece will never quite be the same. To gauge the extent of the tumult engulfing Greek politics, consider this: Since 1981, when the socialist party PASOK first won power, its combined share of the vote in national elections with the conservative Nea Demokratia, its main rival, has never fallen below 77 percent, and it often exceeded 85 percent. Recent polls for the coming contest give the two parties a joint percentage that lies between 33 and 40 percent. After the last general election, in October 2009, the two parties controlled between them 251 out of the 300 seats in parliament. Now, if the polls are to be believed, they may struggle to get to the 151 seats needed to form a viable coalition government.