“ANEL leader Panos Greece+Early+Elections#sthash.4Us545vY.dpuf” Kammenos has already announced the party will join hands with Tsipras again.
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The euro started off Monday stronger after Alex Tspiras’s party secured an unexpected clear victory in the Greek general elections on Sunday.
That would give Syriza 145 of the Greek Parliament’s 300 seats, according to the (CNN). The Independent Greeks were in seventh place with 3.6% of the vote and 10 parliamentary seats.
Neo Nazi Golden Dawn secured a third place finish in the polls- up from the January elections with 7% of the vote and 18 seats in parliament.
Alexis Tsipras the leader of left-wing Syriza party speaks to his supporters after the election results at the party’s main electoral center in Athens, Sunday, September 20, 2015.
“In Europe today, Greece and the Greek people are synonymous with resistance and dignity, and this struggle will be continued together for another four years”, Tsipras said in a victory speech to his party’s supporters in Athens, according to BBC.
Mr Tsipras has publicly said he disagrees with the austerity measures to be implemented, but maintains that Greece would have faced bankruptcy and ejection from the Euro without it.
“This victory belongs to the people and those who dream of a better tomorrow and we’ll achieve it with hard work”, Tsipras said, describing the win as a clear mandate to govern for a full four-year term.
The country agreed to a further round of major pension reforms, tax rises and a significant expansion of its privatisation programme in return for a €86 billion (£63 billion) July bailout.
The country also faces further harsh austerity reforms as part of a massive, third global bailout that Tsipras was forced to adopt to keep the country in Europe’s joint currency.
Some European governments, particularly Germany, are opposed to cutting Greece’s debt – a so-called haircut – but not averse to stretching out its repayment schedule.
All in all this suggests that the decision is becoming ever more closely balanced with a good chance that we still see rates rise in December.
There was also success for the Centrist Union – a fringe party led by Vassilis Leventis, a political pundit famous for his on screen outbursts of anger during appearances on his long-running late-night TV show.
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The rebels, who formed a breakaway party, failed to get elected to parliament.
