Greek PM vows reforms despite slim victory

Greek conservative Prime Minister Costas Karamanlis yesterday pledged to move faster on crucial economic reforms despite his slim parliamentary majority after a narrow election victory. Mr Karamanlis, praised by the EU for his economic record, had...

Greek conservative Prime Minister Costas Karamanlis yesterday pledged to move faster on crucial economic reforms despite his slim parliamentary majority after a narrow election victory.

Mr Karamanlis, praised by the EU for his economic record, had asked for a strong new mandate to push on with reforms such as shoring up an ailing pension system and planned privatisations.

But his New Democracy party saw its representation cut from 165 seats in 2004, when it swept to power ending 11 years of socialist rule, to 152 seats in the 300-seat Parliament.

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