Conservative New Democracy party poised for victory in Greek election.

1 min read
Source: POLITICO Europe
Conservative New Democracy party poised for victory in Greek election.
Photo: POLITICO Europe
TL;DR Summary

Greece's conservative party, New Democracy, is set to win Sunday's elections with a comfortable majority, strengthening leader Kyriakos Mitsotakis' power to advance investor-friendly reforms. The opposition parties on the left will be less able to hold the government to account, and the socialist Pasok party may challenge Syriza's status as the main opposition. Mitsotakis plans to slice back the bloated public sector, reform the health and education sectors, and attract investment. Greece is expected to regain investment grade status, but it still struggles with a massive bureaucracy and chronic tax evasion. Fringe parties from the far right and far left may enter parliament, posing a threat to democracy.

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