Yannis Palaiologos

Athens, Greece—The big winners of Greece’s election this week were parties far removed from the political center. From the leftist SYRIZA, which came in second place with 17 percent of the vote, to the far-right Independent Greeks, who ended up with 11 percent, and the racist extremists of Golden Dawn, who gained 7 percent, the non-mainstream parties received an alarmingly large share of the total vote. What’s less clear, however, is what the vote tallies mean. Were they simply a reflection of anger against the ruling parties that have presided over the country’s current economic freefall?

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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.

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