The leader of Greece’s socialists has accepted defeat in Sunday’s elections. Exit polls gave conservative leader Costas Karamanlis’ New Democracy party a lead of about 5% over the socialists led by George Papandreou. The results – to be confirmed later on Sunday – mean Mr Papandreou’s Pasok party has lost power after 11 years. Mr Karamanlis will face the immediate task of ensuring Athens is ready for this August’s Olympics, with many projects still to be completed. “It is a big honour and also a big obligation,” he said after news of his victory broke. “The Olympic Games will be the best and safest… and Greece will show its modern face. New Democracy supporters have been driving through the streets of Athens with the party flags waving from the windows, the BBC’s Malcolm Brabant reports from the Greek capital. He says crowds also gathered outside the conservatives’ headquarters waiting to anoint Mr Karamanlis as the country’s new prime minister. Full Story
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