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Greek elections: Socialists oust Conservatives in Greece to take power

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Greek elections: Socialists oust Conservatives in Greece to take power

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Greece’s Socialists have won Sunday’s election with enough seats to form a government and oust Costas Karamanlis’ New Democracy Party. George Papandreou will become the new Prime Minister leading his PASOK socialist party.

The son of a former Prime Minister who twice before has failed to win the top office in his country has promised to stimulate the economy with tax reform and plans to redistribute wealth.