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Greece Euro Exit Rests on Shoulders of Swing Voters
CNBC.com | May 21, 2012 | 07:09 AM EDT

The Greek electorate has already bloodied the nose of its centrist parties, and now the number of undecided voters could help determine whether it remains in the euro zone.

Recent polls show a swing to the right-leaning parties in Greece, ahead of a second election in June. May’s election finished with a hefty swing to the left – but no party able to form a coalition government.

The next election is increasingly viewed as central to Greece’s future within the euro zone. Parties which oppose austerity plans aimed at keeping the country within the single currency region have benefitted, despite the majority of Greeks consistently backing continued euro membership in polls.

While Alexis Tsipras - the leader of Greek left-wing party Syriza who could be a potential kingmaker in the next election - has embarked on a series of meetings elsewhere in the euro zone, he is still a relative unknown internationally.

“The very high number of undecided voters in Greece are key,” Tina Fordham, senior global political analyst at Citi , told CNBC’s “ Squawk Box Europe ” Monday.

“It’s possible for populations to hold two opinions at the same time and that’s what we see in Greece. The political center is eroding and new alternative parties are gaining steam.”

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