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Greek Elections: Ruling Party Secures 41% of Total Votes

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Editorial Teamhttps://www.xtrempoint.com
Where News Meets Insights, We Keep you Ahead!
ATHENS, May 22 – Kyriakos Mitsotakis’ conservative New Democracy party won the Greek parliamentary elections by a wide margin, winning 40.79% of the vote and taking 146 seats in the 300-seat parliament after 97.09% of the votes were counted.
According to the Greek Ministry of the Interior, the far-left opposition alliance Syriza – Progressive Alliance headed by former Prime Minister Alexis Tsipras won 20.06% of the vote and 71 seats in parliament.
Stock Exchange in Athens, Greece - 1920, 05/22/2023

Procedures for the election of the Hellenic Parliament

The Greek Socialist Movement PASOK with 11.51% will receive 41 mandates. The Communist Party of Greece (KKE) with 7.21% – 26 seats.
The far-right Helleniki foxes Kyriakos Velopoulos received 4.46% and won 16 seats.
The participation rate was 60.82%.
Thus, five parties passed the 3% barrier to parliament.
The final data is expected to be issued on Monday morning, while the balance of power will not change.
Elections were held under a simple proportional system and the new democracy will not be able to form a government on its own. Prime Minister Mitsotakis said he intends to seek a one-party government, which would mean holding new elections.
According to data issued by the headquarters of the ruling party, another election may be held on June 25 instead of July 2.
It will be held according to a strong proportional system, and the party that gets the most votes will get a bonus of between 20 and 50 seats, depending on the number of votes.
Flag of Greece - 1920, 04/22/2023

The Greek president dissolves Parliament

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