New Democracy recorded 40.8% of the votes by Sunday night, five seats short of majority and its leader Kyriakos Mitsotakis appeared to rule out forming a governing coalition
Greek Prime Minister and New Democracy Party leader Kyriakos Mitsotakis's remarks were taken as indication that he would not look to share power with another party but go for a second election in late June.
Tsipras said in a statement that he had called to congratulate Mitsotakis on his victory and that his party would convene to discuss the result given that a second election appeared all but assured. He also noted the high abstention in the vote, more than 40 per cent: Turnout stood at 60 per cent, preliminary results showed.
“This is not the time for experiments that lead nowhere,” he said, adding that achieving an investment grade rating, which would allow Greece to lower its borrowing costs, required a stable government. Before casting his ballot Sunday, Tsipras called on Greeks to “leave behind an arrogant government that doesn’t feel the needs of the many.”
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