Sunday, 25 January 2015

Victory for Syriza in Greek elections

The anti-austerity Syriza party looks to have won the Greek elections by a sizeable margin.

Exit polls suggest that Syriza got between 36% and 38% of the vote with second placed New Democracy trailing by 10%. Syriza's vote share means they will secure between 149 and 151 seats and they need the 151 for an outright majority. Just over 40% of the votes have been counted so far.

Syriza is a soft eurosceptic party, opposed to EU austerity and the German takeover of the EU. They support continued membership of the €uro but not at the expense of Greek sovereignty.

There are going to be some sleepless nights in presidential palaces across Europe tonight.