Greek Election Is Sign Bailout Will Succeed, Latvia's Reirs Says
- Both Tsipras and rival New Democracy support reform program
- Latvia backs Greek debt restructuring without writedowns
Why You Should Care About Greece's Election
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Greece’s snap election will probably strengthen the hand of political forces who’ll push through measures needed to maintain the flow of bailout money and keep the nation solvent, Latvian Finance Minister Janis Reirs said.
Greek Prime Minister Alexis Tsipras heads into Sunday’s election amid a dip in popularity for his Syriza party and facing a close race with New Democracy, which he unseated in January. Neither party is projected to win a majority.