Greece's Economic Turnaround: Election Results and Stock Market Surge.

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Source: WSWS
Greece's Economic Turnaround: Election Results and Stock Market Surge.
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TL;DR Summary

Greece's ruling conservative New Democracy party won the first round of the general election with almost 41% of the vote, while the largest opposition party, Syriza, secured just 20%, a fall of 12 percentage points since 2019. The victory of ND can only be explained by the absence of any genuine left alternative. Syriza's period in office, from 2015 to 2019, and the years since its initial defeat by ND, have demonstrated that it is a party of European Union-dictated austerity that has acted as one of Europe's main jailers of refugees and has played a decisive role in facilitating NATO's war against Russia.

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