Outgoing and incumbent Prime Minister Kyriakos Mitsotakis on Monday afternoon officially returned an exploratory mandate to form a new Greek government, which he received earlier in the day by the country’s head of state and less than 24 hours after his New Democracy (ND) party achieved a comfortable first-past-the-post showing in the general election.
The center-right party and its president, Mitsotakis, received nearly 41 percent (40.79 percent) of the general vote, although the figure is still not sufficient to form a one-party government, due to a simple representational electoral system in place.
Mitsotakis informed Greek President Katerina Sakellaropoulou of his decision by phone, as widely expected, and had earlier also briefed a handful of political party leaders on the development.
By all accounts, a second ballot will be scheduled for June 25.
As per Greece’s constitution, Sakellaropoulou will now hand the mandate to SYRIZA leader and former premier Alexis Tsipras on Tuesday morning, as the latter’s leftist party came in a disappointing second and with only a shade more than 20 percent of the general vote.
Tsipras is also widely expected to return the mandate, without engaging in any deliberations with other party leaderships to form a coalition government.
In a related development, Tsipras on Monday also said he was not “giving up the fight”, speaking after his party’s election collapse on Sunday.
“I have learned, amid difficult times, to take responsibility and not give up the fight. I remain here. I will not give up now, even amid difficult fight,” the outgoing main opposition party leader said, in response to speculation that he may step down as SYRIZA president ahead of next month’s second election.
The coming ballot will be based on a more reinforced proportionality system, giving the first party a bigger share of the 300 deputies’ seats up for grabs.
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards