Greece to Hold Early National Elections After Failing to Elect President

There were market jitters after lawmakers failed to elect a new president in a third and final round of voting Monday.
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There were market jitters after lawmakers failed to elect a new president in a third and final round of voting Monday. Greece will hold early national elections on January 25th. According to the country's constitution, parliament must now be dissolved within 10 days. Investors sold off Greek stocks Monday, with the Athens stock exchange's benchmark general index losing 7.3% in midday trading, after falling as much as 11.3% just after the vote. Investors are worried that the main left-wing opposition Syriza, which is consistently ahead in opinion polls, might try to back off from the terms of the bailout deal that is keeping the country afloat.