Greek election result signals policy continuity

DBRS Morningstar Analysis The New Democracy Party (ND), led by Prime Minister Kyriakos Mitsotakis, won 146 out of 300 seats in Greece’s general election on Sunday. This is five seats short of an overall majority. New Democracy won 40.8% (146 seats), Syriza 20.1% (71 seats), PASOK 11.5% (41 seats), the Communist Party of Greece (KKE) 7.2% (26 seats) and the Greek Solution (EL) 4.5% (16 seats). ND is now seeking another election that this time will use a form of bonus system, that could enable ND to win an overall majority. PM Mitsotakis has returned the mandate to form a