SYRIZA president and former prime minister Alexis Tsipras on Thursday announced his resignation from the leftist party’s helm, days after losing another election to center-right New Democracy (ND) party and incumbent Kyriakos Mitsotakis.
In a hastily called address in downtown Athens, Tsipras said “I have … decided to propose the election of a new leadership by party members, as stipulated in its (party) charter: an immediate recourse to relevant procedures, in which, of course, I will not be a candidate. However, I will be present before, during and after them.”
Tsipras spoke before waiting cameras, as his address was carried live by several broadcasters from the Zappeion Hall, a venue used over the decades for major addresses by political leaders. He arrived with this close associates and his companion.
In first prefacing his comments, he said he was emotionally charged on the occasion, with his political cycle closing after his tenure as SYRIZA leader, a post he assumed at the age of 34 in 2009, “of a small leftist party which became the first leftist party that formed a government in Europe.”
In later reports, it emerged that the main opposition party’s parliamentary group will convene next week to elect its new head, a position that may separate from the president of the party.
The same reports pointed to veteran lawmaker and former minister Olga Gerovassili as assuming the post.
SYRIZA will need to have appointed a Parliamentary group head in the coming vote-of-confidence debate in the legislature.
In his first comment over the development, Mitsotakis, speaking from the sidelines of an EU Summit in Brussels, referred to “… an expected decision after three crushing election defeats suffered by SYRIZA, and himself, personally.”
Latest News
OECD: Greek Economy Resilient with 2% Growth Forecast for 2024
However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.
Challenges and Delays in Greece’s Hydrocarbon Exploration
Sources disclose that the petroleum companies holding the concessions are seeking partners to jointly invest and share the costs of exploration and drilling.
Greek Beach Visitors Can Report Violations on New ‘MyCoast’ App
Greek authorities hope the newly-launched, free ‘MyCoast’ app will help clamp down on public beach violations
BoG Figures Confirm Banner Year for Greek Tourism in 2023
20.6 billion euros in related revenues topped the previous year’s figure by 16.5%
Piraeus Bank to Propose First Dividend in 16 Years
Piraeus Bank has forecast profits of roughly 900 million euros this year, rising to one billion euros next year
Eurostat: Inflation in Greece Eases to 3.2% in April; 2.4% in Eurozone
The rate of increase for food prices was up by 4.9% in April 2024, compared to 4.8% in the previous month
ELSTAT Feb. Retail Turnover Drops by 3.8%, Sales Volume Plummets by 9.8%
Additionally, the seasonally adjusted General Volume Index for Feb. 2024 experienced a 3.8% decrease compared to the previous month of the same year
Greek Buyers Lead Return to Vacation Home Market
In the last six months, Greeks have made a surge into the vacation home market, notably without relying on loans
NBG Receives BBB Investment Grade by DBRS
This makes NBG the first Greek bank to regain Investment grade status, nearly 15 years after the onset of the Greek financial crisis
Greek Gov. Budget: Primary Surplus 3bln in Q1 2024
Value Added Tax (VAT) revenues reached 5.876 billion euros, down by 16 million euros compared to the target