Greece faces snap election

December 29, 2014 05:02 pm | Updated November 16, 2021 04:48 pm IST - ATHENS

Greek lawmakers failed to elect a new President in a decisive final round of voting on Monday, leaving the country facing a snap election that could derail the international bailout programme it needs to keep paying its bills.

The only candidate in the race, former European Commissioner Stavros Dimas fell short of the 180 vote supermajority needed to become President. He garnered 168 votes, the same score he achieved in the second round of the vote.

Under Greek law, a general election must now be called, leaving financial markets and Greece's European Union partners facing weeks of uncertainty that could undermine fragile signs of economic recovery.

Prime Minister Antonis Samaras appealed to lawmakers at the weekend to back Mr. Dimas but refused to offer more concessions and said he was confident of winning any election, which will have to be held by early February.

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