Greece holds election that could serve as referendum on austerity

(Image credit: Milos Bicanski / Getty Images)

Greek voters headed to the polls Sunday for a crucial election that could set the stage for a showdown with the European Union over austerity measures.

The left-wing Syriza party, which led in the run-up to the election, has vowed to renegotiate a $270 billion international bailout it blames for the country's poor financial health. Led by 40-year-old Alexis Tsipras, Syriza has also said it will demand creditors write off billions of dollars of Greece's debt.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.