Greece set for new elections

(Athens) – Greece will go to the polls for the second time in six weeks on June 17 as fears grew of more instability over the troubled country’s future in the Eurozone, the Athens News Agency said. The agency in its statement added that the Council of State President, Panagiotis Pikrammenos, the head of Greece’s top administrative court, will be caretaker prime minister and organise the ballot after a May 6 poll failed to produce a government ready to implement in full a tough EU-IMF bailout accord.
Greece and the world’s financial markets had been anxiously awaiting the date for new polls amid growing fears that the cash-strapped nation could be forced out of the 17-member Eurozone.