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Political costs of the bailout package in Greece affects electoral chances of Government.

Greek prime minister Lucas Papademos (L) and Greek Finance minister Evangelos Venizelos Photo credit LOUISA GOULIAMAKI/AFP/Getty Images

In Greece , the support for the two parties backing technocrat prime minister Lucas Papademos remains low. On the contrary, the leftist anti-bailout parties hold on to gains ahead of an election expected in late April or early May, two polls showed today by pollster Public Issue..

Based on the poll data, the Party behind the current Government “New Democracy” would fail to win an absolute majority in the elections and would have to depend even more on the Socialists -its current co-ruling partner –  to govern.

The two parties in Government have been suffering in polls because of their backing for the debt-laden country’s second bailout package that imposes painful austerity cuts.