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Socialists trounce conservatives in Greek election

By Staff | Oct 5, 2009

ATHENS, Greece (AP) – Greece’s Socialists trounced the governing conservatives in a landslide election Sunday, with voters angered by scandals and a faltering economy ousting Prime Minister Costas Karamanlis halfway through his second term.

Humbled by his New Democracy party’s worst electoral performance ever, Karamanlis, 53, resigned as its leader and said a new chief is needed for the party founded by his late uncle Constantine Karamanlis 35 years ago.