Greek Parliament Votes to Elect New President

The transcript discusses the upcoming vote in the Greek Parliament, where lawmakers will decide on Prime Minister Samaras's presidential candidate. The process involves lawmakers responding with 'nay' for yes or 'present' for abstention. If 101 abstentions occur, the candidate cannot pass in this round. The transcript also explores potential outcomes, including new elections and the rise of the anti-austerity Syriza party, which could impact Greece's economic agreements and investor confidence. The economic implications of a Syriza victory, such as renegotiating bailout terms and potential default risks, are also examined.

What is the significance of the number 101 in the Greek Parliament vote?

• It is the total number of votes cast in the election.

• It is the number of lawmakers supporting the opposition.

• It is the number of abstentions needed to block the candidate.

• It represents the number of votes needed for a candidate to win.

What happens if the Prime Minister's candidate does not win by December 29th?

• The current government will remain in power without changes.

• The candidate will automatically be elected.

• The candidate will be given another chance in a fourth round.

• The Parliament will be dissolved and new elections will be called.

Which party is leading in the opinion polls according to the transcript?

• Syriza Party

• New Democracy Party

• PASOK

• Golden Dawn

What is the doomsday scenario mentioned in the transcript?

• Greece successfully renegotiates its bailout terms.

• Syriza wins and fails to secure a new bailout agreement.

• The Prime Minister's candidate wins the election.

• Greece's economy grows significantly.

How has Syriza's stance on the bailout agreement changed?

• They want to tear it up completely.

• They plan to ignore the agreement.

• They seek a friendly renegotiation.

• They have accepted the current terms.