Greece Syriza and New Democracy Parties Neck to Neck in Election

iStockphoto/Thinkstock(NEW YORK) — Preliminary exit polls in Greece show that the election is neck to neck, with the left-wing, anti-austerity Syriza party earning 27 to 30 percent of the votes, and the conservative New Democracy party earning 27.5 to 30.5 percent of the votes.

The parties are at odds over whether to continue with the tough European Union bailout deal, or reject it and boost social spending. Leaders fear a rejection of the bailout deal could devastate the euro and wreak havoc on the global economy.

Results are expected later on Sunday afternoon.

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