Greece’s bond prices outperformed their peers on Monday as investors reckoned the outcome of general elections was unlikely to lead to a deviation from the current fiscal discipline.
Greek Prime Minister Kyriakos Mitsotakis, whose party won Sunday’s election albeit short of a majority, said on Monday he would not form a coalition government and hoped for a new election on June 25.
One of the 36 parties and alliances that contested Sunday’s election received just one vote. With 99.7 percent of votes counted, the Greek Ecologists party of veteran election maverick Dimosthenis Vergis picked up a single ballot, in his constituency of Athens I.
The European Commission has called on Greek authorities to conduct a thorough and impartial investigation into fresh allegations of illegal migrant pushbacks, stated Ylva Johansson, the EU’s Home Affairs Commissioner, on Monday.
Greek Prime Minister Kyriakos Mitsotakis said on Monday he will not seek to form a coalition government following this weekend’s election, paving the way for a second vote in June he hopes his conservative party will win outright.
Paris 2024 organizers have been planning to install the Olympic flame on the Eiffel Tower, a source with direct knowledge of the matter told Reuters on Monday. The source added that the flame would not be put at the top of the Eiffel Tower, for technical reasons.
Police in the northern peninsula of Halkidiki are investigating a possible murder-suicide, in which a man shot his wife dead before turning the gun on himself in front of their 8-year-old child.
Authorities on Crete have said that the returning officer from one polling station is missing, along with the bag containing the votes cast. The officer was assigned to the 198th polling station, which was based at the 13th Primary School in Iraklio, the island’s biggest city.
Greek stocks and government bonds rallied sharply on Monday, cheering the ruling New Democracy party’s election showing. Prime Minister Kyriakos Mitsotakis’ party fell just short of a majority in Sunday’s vote, making a second election likely. But with its lead larger than polls predicted, analysts expect New Democracy to win an outright majority.
Prime Minister Kyriakos Mitsotakis is to return a three-day mandate to form a coalition government just hours after receiving it from President Katerina Sakellaropoulou.