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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.
Greek Prime Minister Kyriakos Mitsotakis has confirmed that the first round of the country's general election will take place on Sunday 21 May. The new electoral system (put in place by the previous leftist gov't of PM Alexis Tsipras) is a proportional system, doing away with the 'majority bonus' of seats given to the largest party which often ensured one-party gov't rather than coalitions.
- As such, an outright winner in the first round is unlikely according to current opinion polling, requiring a second round run-off that would take place 2 July at the latest. According to Euractiv, a party would need to secure around 37-38% of the vote in a second-round election to secure a majority administration, an unlikely but not impossible prospect given the current state of opinion polling support for the main parties.
Full article PDF attached below:
MNI POLITICAL RISK-Greek PM Calls Election For 21 May, Faces Tough Race.pdf
Chart 1. Greek General Election Opinion Polling, % and 6-Poll Moving Average
Source: GPO, Alco, Pulse RC, MRB, Metron Analysis, ProRata, Interview, Marc, Rass, 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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