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GREECE

Tsipras wins second election

 

October 2015

Greece's Alexis Tsipras has said his Syriza party has a "clear mandate" after winning a second general election in less than nine months.

But he said Greeks faced a difficult road and "recovery from financial crisis would only come through hard work".

Syriza won just over 35%, (and 145 seats) slightly down on its previous result and still short of an overall majority. But it will renew its coalition with the right wing nationalist Independent Greeks (10 seats). Opposition New Democracy gained 28% and 75 seats.

Far-right Golden Dawn came in third with 7%, and 18 seats, slightly up on January's poll.

Other parties elected in the Greek Parliament, include the PASOK/DIMAR coalition (16 seats), the Communist Party of Greece (15 seats), the River (11 seats) and the newly formed Centrist Party 9 seats. Voter turnout was low, at 55%.

Syriza was first elected in January on an anti-austerity mandate, but was forced to accept tough conditions in order to have Greece's troubled banking sector re-financed by the IMF and the Central European Bank.

Last Sunday's snap election was called after Mr Tsipras lost his majority in August when a number of his MPs opposed the new austerity agreement.

Among the challenges facing Mr Tsipras will be satisfying international creditors that Greece is meeting the terms of the latest agreement in order to re-finance the private sector to the tune of $97bn.

The plan involves more austerity for ordinary Greeks but many legislations will have to be passed by parliament first. The new Government is bracing for a very bumpy ride ahead.

Greek Tribune

greektribune.com.au

 

 

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