![Greek elections 2023: Foreign media see New Democracy wide lead and second elections](https://www.ot.gr/wp-content/uploads/2023/04/ot_ekloges64-1.jpg)
The foreign media are predicting a victory for New Democracy by a wide margin, citing the results of the exit polls, but pointing out the prospect of a second contest.
Greece’s ruling conservative New Democracy party is leading in Sunday’s general election but appears to fall short of the required majority to form a government, according to an exit poll. “If the poll results are confirmed, Greece’s political parties will have nine days to find partners for a governing coalition or new elections would be called in about a month,” the news agency wrote.
The Associated Press points out that New Democracy is leading in the exit polls, but is unlikely to win enough seats to form a new government outright. He adds that Kyriakos Mitsotakis will look for alliances and that – in case of failure to form a government – Greece will go to new elections at the end of June or the beginning of July. He also points out that it was the first electoral contest after leaving the memorandums and supervision.
The investment grade
Voters seemed “convinced by Mitsotakis’ promise to capitalize on one of the fastest economic recoveries in the European Union, which has brought Greece to the threshold of returning to investment grade,” Bloomberg writes, stressing that the next showdown will take place with a different electoral system that will give a bonus to the first party, dropping the threshold for self-reliance to 38%, depending on the number of parties that enter Parliament.
In the French Liberation they comment that “the conservatives are in the lead” by a wide margin according to the exit polls with SYRIZA “being far behind” The result the French newspaper comments that “could portend difficulties for the formation of a stable government”.
Typical is the first report by Turkey’s Anadolu, which simply quotes the result of the exit polls without further comment.
Mitsotakis is “unscathed”.
“Mitsotakis has apparently emerged unscathed from the last four years of his prime ministership, despite being weighed down by a spying scandal, soaring inflation and growing concerns about the rule of law,” writes Politico.
He also adds that Greece’s conservative ruling party was ahead in Sunday’s election, according to early exit polls, but a second round of national votes is the most likely scenario.
“Although a coalition government would be possible, Mitsotakis has not hidden the fact that he would prefer a majority government and lead to second elections,” he says, adding that he would then be able to gather an absolute majority thanks to a system that grants the winning party bonus up to 50 seats in parliament.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Gov’t Eyes Return of Power Subsidies Amid Spike in Rates](https://www.ot.gr/wp-content/uploads/2024/07/power-lines-2048x1365-1-600x400.jpg)
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
![ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock](https://www.ot.gr/wp-content/uploads/2024/07/ot_georg_PROIONTA_money-1-600x352.png)
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
![Balkans Blackout Highlights Climate Threats to Power Grids](https://www.ot.gr/wp-content/uploads/2024/07/blackout-1-600x457.png)
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
![Greece in Top 4 Destinations Favored by European Tourists](https://www.ot.gr/wp-content/uploads/2021/06/ploio-600x400.jpg)
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
![Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive](https://www.ot.gr/wp-content/uploads/2024/06/euros-2048x1365-1-600x400.jpg)
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
![First Seaplane Test Flights to Skopelos, Alonissos, Skyros](https://www.ot.gr/wp-content/uploads/2024/06/hellenic-seaplanes-pilotikes-ptiseis-ydatino-pedio-lavriou-600x450.jpeg)
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
![ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y](https://www.ot.gr/wp-content/uploads/2023/08/unnamed-41.jpg)
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
![Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated](https://www.ot.gr/wp-content/uploads/2024/06/ergasia-ergazomenos-600x300.jpg)
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4
![OECD: Job Vacancies on the Rise in Greece](https://www.ot.gr/wp-content/uploads/2024/07/ergasiabusinness-768x556-1-1-600x434.jpeg)
OECD: Job Vacancies on the Rise in Greece
By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019
![OTE Group: FTTH Program Advancing in Semi-Urban and Rural Areas of Greece](https://www.ot.gr/wp-content/uploads/2024/05/ΟΤΕ-Group_1-600x450.jpg)
OTE Group: FTTH Program Advancing in Semi-Urban and Rural Areas of Greece
This initiative will provide ultra-fast internet speeds of up to 1Gbps to over 350,000 households and businesses in semi-urban and rural areas across the country