Syriza is shaping up its government – Danske Bank

FXStreet (Edinburgh) - Senior Analyst Morten Helt at Danske Bank evaluates the political arena in Greece post-elections on Sunday.

Key Quotes

“In Greece it was confirmed yesterday that Syriza will form a government with the small right-wing party, Independent Greeks, and thus Alexis Tsipras, leader of Syriza, was sworn in as Greece’s new prime minister only one day after his party won a significant election victory”.

“Together Syriza and Independent Greeks control a total of 162 seats in Greece’s 300-seat parliament but it is a remarkable coalition in the sense that the radical left-wing Syriza and the right-wing Independent Greeks have very little in common besides a strong opposition to Greece’s austerity measures that the former government negotiated with the EU and IMF”.

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