New Democracy secures second term in historic Greek election win.

1 min read
Source: POLITICO Europe
New Democracy secures second term in historic Greek election win.
Photo: POLITICO Europe
TL;DR

Greece's conservative New Democracy party, led by Kyriakos Mitsotakis, has won an outright majority in the country's parliamentary elections, securing 158 seats in the 300-seat parliament. The left-wing Syriza party lagged behind with only 47 seats. Far-right parties also made gains, with four fringe parties, mainly from the far-right, managing to top the 3% threshold to make it into parliament. The election outcome is considered market-friendly and puts Greece firmly on track to regain an investment-grade rating towards the end of the year.

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