Analysis: Political surprise in eurozone - austerity is a vote-winner


  • World
  • Thursday, 01 Oct 2015

A rainbow is seen behind European flags during a euro zone EU leaders emergency summit on the situation in Greece at the European Council headquarters in Brussels, Belgium, July 7, 2015. REUTERS/Eric Vidal

ATHENS (Reuters) - Upending conventional wisdom, there is now a strong chance that all the European governments that have accepted or implemented unpopular EU/IMF austerity programmes may be re-elected in the coming months or remain the strongest political force.

From Lisbon and Madrid to Dublin, incumbents are gaining ground in opinion polls while the opposition is split among mainstream and radical parties, reducing the prospect of ousting sitting prime ministers and also encouraging investors to buy their countries' debt.

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