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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GREECE
The latest opinion polling ahead of the 25 June snap general election shows PM Kyriakos Mitsotakis' centre-right New Democracy (ND) party still on course to win an overall majority in parliament. The MRB poll, carried out from 6-7 June shows ND would win 161 seats in the 300-member parliament if the result were reflected in the election, up from the 146 won in the 21 May vote.
- The re-implementation of the 'enhanced proportional' electoral system is crucial to ND's prospects of winning a majority, with the system to be used on 25 June providing a bonus of seats to the party winning the most votes dependent on the size of its vote share.
- Should the latest seat projections be reflected in the final result it would be the worst result for the leftist SYRIZA of former PM Alexis Tsipras since the May 2012 general election in which the party won 52 seats. This projection coming to fruition would also see the Orthodox fundamentalist, Russophile Democratic Patriotic Movement–Victory (NIKI) and the left-wing eurosceptic Course of Freedom (PE) enter parliament for the first time.
Chart 1. Greece 21 May General Election Result and Opinion Polling Seat Projections
Source: Interior Ministry, Metron Analysis, MRB, MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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