Greek elections: Syriza wins again but no longer a radical force for anti austerity

The latest on line results for the Greek election has Syriza ahead with 1.167 million votes. With 63% of the votes counted shows the formerly anti austerity party Syriza once again winning the largest number of votes, 34.5% and 144 seats in the Greek parliament. It also looks for the present that conservative New Democracy will finish not far behind in second place with 28 % and 76 seats. Regrettably in third place with 232,024 votes will be the extremist fascist anti semitic party Golden Dawn who captured over 7 % of the vote and 19 seats. They are a dangerous force in Greek politics and their presence in Parliament is unfortunate.

The Popular Unity party which grouped members who had broken away from Syriza after it caved in to the EU austerity demands seems to have failed to get enough votes- the threshold is 3 % – to win any seats in Parliament.It received just under 94,000 votes some 2.85 % and thus no seats so far. Pasok the former social democratic governing party under Papandreou’s leadership won 17 seats and 6.4% of the vote.The independent Greeks won 3.7% of the vote and ten seats.The Communists 14 seats and 5.5 % of the vote. The centrist parties To Potami and Union of centrists got 11 seats and 9 seats respectively with just over 7 % of the vote between them. Turnout was also very low around 55%.

update: With 99% of the votes counted the results according to the Greek ministry of the interior are as follows:

Syriza  145 seats 35.5% of vote     1,920,837 votes

New democracy(conservative) 75 seats 28.09%  1,521,327

Golden Dawn (extreme right wing)  18 seats 6.99%  378,732

Pasok (social democratic) 17  seats 6.28%  340,190

KKE (communist)15  seats     5.55%    300,465

To Potami  11 seats     4.09%   221,345

Anel (right wing anti austerity nationalist)             10 seats    3.69%   199,782

Union of Centrists  9 seats   3.43 %  185,939

popular unity(anti austerity breakaway from Syriza)          0 seats    2.86%   154,716

others                       0 seats   3.55%   192,417

So now with the European refugee crisis and Greece’s stagnant economy and Syriza’s reluctant but determined commitment to implement the austerity imposed on it by the troika we shall see what results. The Greek crisis will likely continue to fester .

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About haroldchorneyeconomist

I am Professor of political economy at Concordia university in Montréal, Québec, Canada. I received my B.A.Hons (econ.&poli sci) from the University of Manitoba. I also completed my M.A. degree in economics there. Went on to spend two years at the London School of Economics as a Ph.D. student in economics and then completed my Ph.D. in political economy at the University of Toronto. Was named a John W.Dafoe fellow, a CMHC fellow and a Canada Council fellow. I also was named a Woodrow Wilson fellow in 1968 after completing my first class honours undergraduate degree. Worked as an economist in the area of education, labour economics and as the senior economist with the Manitoba Housing and Renewal Corporation for the Government of Manitoba from 1972 to 1978. I also have worked as an economic consultant for MDT socio-economic consultants and have been consulted on urban planning, health policy, linguistic duality and public sector finance questions by the governments of Manitoba, Saskatchewan,the cities of Regina and Saskatoon, Ontario and the Federal government of Canada. I have also been consulted by senior leaders of the British Labour party, MPs from the Progressive Conservative party, the Liberal party and the New Democrats on economic policy questions. Members of the Government of France under the Presidency of Francois Mitterand discussed my work on public sector deficits. I have also run for elected office at the municipal level. I first began to write about quantitative easing as a useful policy option during the early 1980s.
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