Anti-bailout Syriza triumphs in Greek elections to resurrect euro crisis fears

clock

Left-wing anti-austerity party Syriza has secured a commanding election victory in Greece, setting the scene for a stand-off between the country and its creditors.

Alexis Tsipras’ party accrued 36.3% of the vote, well ahead of ruling centre-right party New Democracy’s 27.8%. The figure is two short of an overall majority, and many believe Tsipras - who wants to write off half the country's debt yet keep it in the euro - will moderate his demands once in power. However, initial reports suggest Syriza may form a coalition government with the hardline-eurosceptic ANEL party, raising early concerns over the country’s future relationship with the single currency area. Fellow eurozone members have suggested there is no room for manoeuvre on Greece’s cu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read
Investors move from cash to US equities as confidence improves

Investors move from cash to US equities as confidence improves

Investment Association figures show

clock 05 June 2026 • 3 min read