The entry into Parliament of three far-right parties and the radical leftist Course of Freedom is, without doubt, the most alarming message to emerge from Sunday’s general election. It should not, however, sully the deeper message.
Sunday’s election result paves the way for Greece’s recovery of investment grade and for the continuation of the country’s significant economic performance, according to rating agencies.
Legislative efforts to shield the state against the far-right failed and the seed of fascism was not pulled up by the roots. So what if one of neo-Nazi Golden Dawn’s most prominent lieutenants was jailed? He’s still pulling the strings.
The entry of three far-right parties into Parliament was a first for Greece since the end of the dictatorship era in 1974. The Spartiates (Spartans), Hellenic Solution and Niki won the confidence of 12.77% of voters, receiving a total of 34 seats.
The new government begins its term with a budgetary cushion of almost 3.7 billion euros, as the definitive January-May budget execution data showed on Monday a primary a surplus of €2.3 billion.
Greek stocks shook off the early pressure on Tuesday to follow the lead of banks and end the day with moderate growth.
Kyriakos Mitsotakis proved to be the right man at the right time when he was elected to lead New Democracy in 2016. The party needed someone who knew the mechanisms of politics from an early age and, at the same time, was seen as an outsider, a technocrat.
The new Ministry of Social Cohesion and Family will work on “strengthening the family” and on the “harmonization that must exist between professional and family life,” its first minister, Sofia Zacharaki, has said.
The new migration minister promised Tuesday to continue a “strict but fair” policy toward migration and attempts at illegal entry into the country, following conservative New Democracy’s sweeping re-election victory.
Home sales are on track for a figure approaching 170,000 this year, meaning they will record the highest volume of sales since the late 2000s.rous