Greece to hold snap elections on June 25.

Greece's parliament has been dissolved, paving the way for a new election on June 25. No party achieved an overall majority in the national election on May 21, which was held under a simple proportional representation system. The next election will be contested under a different system that grants the winning party up to 50 bonus parliamentary seats, giving the conservative New Democracy an edge to form a majority government. However, the number of parties that make it into parliament will be crucial to determining the makeup of the eventual majority.