Greek Elections: Greece Votes To Decide Future Of Bailouts, Austerity And Euro

06/17/2012 09:40 am ET | Updated Aug 17, 2012

ATHENS, Greece -- Official projections in Greece's election show the conservative New Democracy party as coming in first and could gather enough support to form a pro-bailout coalition to keep the country in the eurozone.

Sunday's vote is seen as crucial for Europe and the world. Although no party will win enough seats in the 300-member parliament to form a government on its own, official projections show the two traditional parties - New Democracy and the socialist PASOK - would have enough seats to form a coalition together.

The projections showed New Democracy as winning 29.5 percent and 128 seats. The radical left Syriza party, which has vowed to repeal Greece's international bailout conditions, is expected in second place with 27.1 percent and 72 seats. PASOK trails with 12.3 percent and 33 seats.

To form a majority government, a coalition would need at least 151 seats.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

Updated exit polls predict that Greece's New Democracy party will come in first and could gather enough support to form a pro-bailout coalition to keep Greece in the eurozone.

Sunday's vote is seen as crucial for Europe and the world. Although no party appears to have won enough seats to form a new Greek government on its own, the polls indicate the country's two traditional parties - New Democracy and PASOK - will have enough seats to form a coalition together.

They have both expressed a willingness to work with other European nations to stay in the 17-nation eurozone.

The exit poll projected New Democracy as winning between 28.6 and 30 percent of the vote, giving it 127 seats in the 300-seat Parliament. That's ahead of the radical left Syriza party, which is projected to get 72 seats.

Greece Prepares For General Election

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