CAIRO (AP) -- A majority of Egyptians believe laws in their country should observe the teachings of Islam's holy book, the Quran, according to the results of an opinion poll by a U.S.-based research center.
The results also show that Egyptians, who have shifted toward religious conservatism over the past 40 or so years, are open to the inclusion of religious parties in future governments. Only a minority, however, sympathize with fundamentalist religious parties, according to the results.
Overall, the results of the poll paint a picture of Egyptians as a people who prefer religious moderation over extremism and prize democratic values even if they come at the risk of some political instability.
The poll results were released late Monday and come five months ahead of legislative elections, the first since the February ouster of longtime authoritarian leader Hosni Mubarak.
Islamic parties are expected to make a significant showing in the crucial vote, with 50 percent of people saying it was "very important" for religious parties to be part of a future government and as much 37 percent have a "very favorable" view of the Muslim Brotherhood, the country's largest and best organized Islamic group.
Another 62 percent of Egyptians believe laws in their country should strictly follow the teachings of the Quran, though 27 percent thought it was enough that the laws reflect Islam's general values and principles.
Fears that struggling eurozone nations will not be able to pay their debts intensified as official data showed the hole in Greece's finances was bigger than thought.
The deficit in the Greek government's budget amounted to 10.5pc of GDP in 2010, EU statistics agency Eurostat reported on Tuesday, putting it significantly above February's 9.6pc estimate from Brussels.
The continued flight from Greek sovereign debt pushed the yield, or return, on the 10-year government bonds to new highs of 15.5pc.
The European Central Bank, the only major potential buyer, "won't buy whilst [some eurozone countries such as Germany] continue to speak and put pressure on Greece to restructure", said one trader.
A restructure of Greek debt, cutting the interest rates and lengthening the terms of the loans, would represent an effective default as the debt would be worth much less.
In late 2009 a more dramatic revision of Greece's deficit sparked Europe's debt crisis as it ignited fears about the state of weaker eurozone nations' finances, eventually leading to Athens last year receiving a €110bn (£98bn) bail-out. Ireland and Portugal have since followed in requesting international aid.
The Greek finance ministry said the latest "deviation" was "mainly the result of the deeper than anticipated recession of the Greek economy that affected tax revenues and social security contributions".
Athens had planned to cut the deficit from 15.4pc of GDP in 2009 to 8.1pc for 2010.
"The revision shows how difficult the government's job is of sticking to its fiscal promises against a backdrop of an extremely weak economy," said Diego Iscaro, an analyst at IHS Global Insight. "The figures will do nothing to end the constant rumours of debt restructuring we've had in recent weeks."
Despite denials from Greek and EU officials, the pricing of credit default swaps - instruments that insure the debt - signalled a 66pc chance of Greece defaulting within five years, according to data tracker CMA.
I am anticipating a waterfall decline of the dollar in not a very distant future , as we are getting close to June when the FED have to decide whether to stop the Quantitative easing or stop it , but the reality is I do not see how they can stop Quantitative easing says James Turk , giving that the politicians in Washington continue to spend like there is no tomorrow that debt got to be financed somewhere and it is going to be financed by the printing press that's very very inflationary , ...the silver remains in backwardation where the spot month is higher than the future contracts in December 2015 and that's about a 65 cent backwardation which is very very rare event but it's an indication of how tight the physical market is.
The Prime Minister's Office issued a statement Tuesday bluntly denying a report that Binyamin Netanyahu intends to cave in to extreme Arab demands over Jerusalem and demographics.
A Kuwaiti newspaper, Al Jarida, reported that Netanyahu will present a diplomatic plan next month that includes Israeli acquiescence to a preliminary "Palestinian" with eastern Jerusalem as its capital. The paper also claimed that Netanyahu agreed to hand over the Temple Mount and other holy places to international sovereignty.
Netanyahu also supposedly consented to let Arab "refugees" into Israel, in accordance with a plan to annihilate the Jewish state demographically, known as the "right of return."
Al Jarida said that these concessions were detailed by Israeli delegate Attorney Yitzchak Molcho in a secret meeting with Palestinian Authority negotiator Saeb Erikat, ahead of Netanyahu's upcoming major policy speeches in Washington.
"There was never any secret meeting between Attorney Yitzchak Molcho and Saeb Erikat," the PMO said, "and therefore it is also clear that the alleged contents of the meeting have no basis in reality."
The Kuwaiti newspaper claimed that the United Nations, United States and Russia were involved in the plan to turn over the holy sites to international hands.