Greece's crucial new electoral battle is drawing near.

Voters will choose between pro-reform and anti-bailout parties for a second time in two months, after the first round on May 6 ended in an impasse.

Although major parties have different plans to address the country's debt crisis, experts hope the elections will finally bring some stability to Greece.

SAMARAS'S FINAL CAMPAIGN RALLY

The final countdown to Greece's new electoral battle has started.

And the country's major parties reiterate their plans to solve the debt crisis before the crucial national polls.

Addressing supporters at his final campaign rally, Greek conservative New Democracy (ND) leader Antonis Samaras told Greeks on Friday they face a stark choice between staying in the euro or a "nightmare" return to the drachma.

Samaras　said "we are going into an election to decide the future of Greece and of our children."
   
According to recent opinion polls, the elections will be a close call between the pro-bailout conservatives and Radical Left Coalition (SYRIZA).

ND promotes a moderate review of austerity terms in the agreements, saying any unilateral move could lead Greece to a chaotic bankruptcy.
  
Samaras also warned "a Greek exit from the eurozone would send Greece five decades backwards as French President Francois Hollande said."
   
Samaras pledged again to renegotiate the bailout's punishing terms in order to promote growth and jobs.

OPINIONS ON GREEK ELECTION　
   
Pollsters indicate that no party will secure clear parliamentary majority to form government.

And negotiations will follow to create a pro- or anti-bailout coalition government.

After five years of the recession, experts say the Greek voters are tired of economic turmoil and EU leaders are beginning to lose their patience.
       
And they hope the elections can finally bring some stability to Greece.

Nicholas Economides, Professor from NYU Stern School of Business, says the pro-euro forces to win the election would be the best scenario　for Greece.

SOUNDBITE(ENGLISH) NICHOLAS ECONOMIDES, NYU STERN SCHOOL OF BUSINESS:
"The best scenario would be for the pro-Euro forces to win. That would mean that New Democracy gets to be first in the election, gets a significant bonus in seats because of being first. It makes a coalition government with the Social Democrats, possibly with a small left-wing party and they renegotiate to some extent the conditions of the lenders."

The professor is also concerned that an electoral victory of the left-wing Syriza party would paralyze the country rather than lead to solutions.

SOUNDBITE(ENGLISH) NICHOLAS ECONOMIDES, NYU STERN SCHOOL OF BUSINESS:
"The worst scenario would be if the left-wing party comes first and is unable to make a government. The second worst scenario is that if the left-wing party comes first, is able to make a government and then tears down the agreement and all kinds of crisis come about in Greece, Greece doesn't have enough money to pay in euros and goes down to the Drachma."

Even if many Greek voters are fed up with the tough austerity measures to get the 130 billion euro bailout, experts are convinced that there is no way around painful structural reforms.

SOUNDBITE(ENGLISH) NICHOLAS ECONOMIDES, NYU STERN SCHOOL OF BUSINESS:
"The structural reforms that were part of the memorandum signed with the European Union are crucial. And the structural reforms are improving the taxation collection mechanism. Right now, Greece collects only 60 percent of the legal taxes that are there in the books."

Greek liberal leader Dora Bakoyannis also stresses the necessity for reforms in Greece within the European common currency zone.

SOUNDBITE(ENGLISH) DORA BAKOYANNIS, GREEK LIBERAL LEADER: 
0016-0027"What Greece needs today is reforms, we need to change, we need to learn from our mistakes, and proceed inside the European Union and inside the euro zone."

Opinion surveys indicate no party will win outright majority again and a new round of coalition talks should start as of Monday.

The leader says a coalition government is what the country needs now.

SOUNDBITE(ENGLISH) DORA BAKOYANNIS, GREEK LIBERAL LEADER:
0102-0113"But there will be a coalition government with other pro- European forces and I think this is what is needed. We need a broad coalition government in Greece."

Experts are also worried that continued political uncertainty in Greece may create climate of economic volatility which could trigger a bank run.

Millions of euros leave Greek banks daily.

Greek local media report that withdrawals reach on average some 500 million euros per day over the past few weeks, after the first round of elections on May 6.
  
During May, withdrawals are estimated at 5 billion euros, while the average amount on monthly basis over the past two years stood at 3 to 4 billion euros.

SOUNDBITE(ENGLISH) NICHOLAS ECONOMIDES, NYU STERN SCHOOL OF BUSINESS:
"I'm afraid also that the Europeans have not looked further than the direct repercussions of a Greek exit. So they have calculated the simple things which is: What's the first impact to banks, to countries and so on. But they haven't looked at secondary impacts. And there is a very good chance that you can make a mistake there."

Experts hope that Greek voters will look at the possible economic fallout of a move against the EU bailout agreement.