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Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise

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  Belgian Prime Minister Bart De Wever has urged European Union leaders to adopt a coordinated strategy to respond to what he described...
Read More...

EU raises €8 billion in sixth 2026 bond syndication as demand surges

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  The European Commission has successfully raised €8 billion in its sixth syndicated EU-Bond transaction of 2026, marking another strong...
Read More...

EU wind turbine production rebounds, reaching €10.4 billion in 2024

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  The European Union recorded a strong recovery in wind turbine production in 2024, with the value of sold wind-powered generating sets...
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Pashinyan secures election win, reinforcing Armenia’s shift toward Europe

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  Armenian Prime Minister Nikol Pashinyan has claimed victory in the country’s parliamentary elections, strengthening his mandate to...
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Belgium launches €3.7 billion defence innovation drive under new ODIN programme

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  Belgium will invest €3.7 billion in defence innovation over the next decade through a new programme aimed at accelerating military...
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   Exports of shark fins from the European Union to countries outside the bloc fell significantly in 2025, signaling a cooling market...
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EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment

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Crowds celebrate with flag-waving outside the headquarters of Greece's right-wing New Democracy party in central Athens on May 21, 2023, following the

announcement of the first exit polls. 

Greece's ruling New Democracy party appeared to be heading for a resounding victory in the parliamentary election on Sunday, according to early results. The party was set to defeat the opposition Syriza but was likely to fall short of the threshold needed to form a government on its own.

With over half of the votes counted, conservative New Democracy held a commanding lead with 40.9%, while the radical leftist Syriza, which governed from 2015 to 2019, trailed with 20.1%.

Analysts predicted that New Democracy would likely not achieve an outright majority.

Under the newly introduced electoral system, seats are distributed based on the number of parties entering the 300-member parliament, which adjusts the majority threshold to anything between 42% and 47% of the vote.

Greece's interior ministry projected that New Democracy could secure 145 seats in parliament, six short of an absolute majority.

The result provided a boost to Prime Minister Kyriakos Mitsotakis, whose administration faced challenges such as a wiretapping scandal, the COVID-19 pandemic, a cost of living crisis, and a deadly rail crash in February that sparked public outrage.

"It's a clear margin, a clear win," said Panos Koliastasis, Adjunct Assistant Professor of Politics at the University of Peloponnese.

Elections in Greece are held every four years for the 300-seat parliament.

The cost of living crisis dominated the campaign, with parties vying for voters' support through promises to raise the minimum wage and create jobs. The surge in prices has significantly impacted Greeks, whose living standards were affected by a decade-long debt crisis.

Greece came close to exiting the Eurozone during the peak of its debt crisis in 2015. Mitsotakis, who was elected in 2019, presented himself as a reliable leader in his bid to secure the votes of nearly 10 million Greeks.

"Today, the responsibility of governing the country has been handed over to you, the people, but I am certain that tomorrow will bring an even better day for our country," Mitsotakis told journalists after casting his vote earlier in the day.

However, his administration faced public backlash over a rail crash on February 28 that claimed the lives of 57 people and a wiretapping scandal that targeted politicians. Photo by fdecomite, Wikimedia commons.

deneme