Legislative elections were held in
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wit ...
on Sunday, 6 May 2012 to elect all 300 members to the
Hellenic Parliament. It was regular scheduled to be held in late 2013, four years after the previous election; however, an early
election
An election is a formal group decision-making process by which a population chooses an individual or multiple individuals to hold public office.
Elections have been the usual mechanism by which modern representative democracy has opera ...
was stipulated in the coalition agreement of November 2011 which formed the
Papademos Cabinet
The Cabinet of Lucas Papademos succeeded the cabinet of George Papandreou, as an interim three-party coalition cabinet, leading a coalition government formed by the Panhellenic Socialist Movement (PASOK) party, New Democracy party and Popula ...
. The coalition comprised both of Greece's traditional major political parties,
PASOK
The Panhellenic Socialist Movement ( el, Πανελλήνιο Σοσιαλιστικό Κίνημα, Panellínio Sosialistikó Kínima, ), known mostly by its acronym PASOK, (; , ) is a social-democratic political party in Greece. Until 2012, it ...
on the left and
New Democracy
New Democracy, or the New Democratic Revolution, is a concept based on Mao Zedong's Bloc of Four Social Classes theory in post-revolutionary China which argued originally that democracy in China would take a path that was decisively distinct ...
(ND) on the right, as well as the right-wing
Popular Orthodox Rally (LAOS). The aim of the coalition was to relieve the
Greek government-debt crisis by ratifying and implementing decisions taken with other
Eurozone
The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU polic ...
countries and the
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster gl ...
(IMF) a month earlier.
The elections delivered massive losses for the parties of the outgoing government, resulting in a
realignment of Greek politics. PASOK, who won the 2009 election in a relative landslide, won just 13% of the overall vote, a decline of almost three-quarters. ND emerged in first place with just 19% of votes, approximately half of its previous result. LAOS lost all of its seats.
Syriza
The Coalition of the Radical Left – Progressive Alliance ( el, Συνασπισμός Ριζοσπαστικής Αριστεράς – Προοδευτική Συμμαχία, Synaspismós Rizospastikís Aristerás – Proodeftikí Simachía), ...
, previously a minor party on the left-wing, ran on an anti-austerity platform and outpolled PASOK with 17% of the vote. The
Communist Party of Greece
The Communist Party of Greece ( el, Κομμουνιστικό Κόμμα Ελλάδας, ''Kommounistikó Kómma Elládas'', KKE) is a political party in Greece.
Founded in 1918 as the Socialist Labour Party of Greece and adopted its curre ...
(KKE) improved its performance to 8.5%. Three new parties entered Parliament in the election – the right-wing populist
Independent Greeks (ANEL) won 11%, the far-right
Golden Dawn
Golden Dawn or The Golden Dawn may refer to:
Organizations
* Hermetic Order of the Golden Dawn, a nineteenth century magical order based in Britain
** The Hermetic Order of the Golden Dawn, Inc., a modern revival founded in 1977
** Open Source ...
(XA) 7%, and the
Democratic Left (DIMAR) 6%.
New Democracy won a substantial plurality of 108 seats thanks to Greece's
majority bonus, but ND and PASOK were the only pro-bailout parties present and now lacked a majority between them. Conversely, the anti-bailout parties were deeply divided between left and right. ND leader
Antonis Samaras,
Syriza's
Alexis Tsipras
Alexis Tsipras ( el, Αλέξης Τσίπρας, ; born 28 July 1974) is a Greek politician serving as Leader of the Official Opposition since 2019. He served as Prime Minister of Greece from 2015 to 2019.
Tsipras has led the Coalition of t ...
,
and PASOK's
Evangelos Venizelos
Evangelos Venizelos (, ; born 1 January 1957) is a Greek academic and politician who was Deputy Prime Minister of Greece and Minister for Foreign Affairs from 25 June 2013 to 27 January 2015. Previously, he was Deputy Prime Minister and Ministe ...
all tried and failed to put together governments in the days following the election.
On 16 May, President
Karolos Papoulias
Karolos Papoulias ( el, Κάρολος Παπούλιας ; 4 June 1929 – 26 December 2021) was a Greek politician who served as the president of Greece from 2005 to 2015.
A member of the Panhellenic Socialist Movement (PASOK), he previousl ...
appointed
Panagiotis Pikrammenos as caretaker Prime Minister and scheduled a
new general election for 17 June.
Background
The
European sovereign debt crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone memb ...
and the
Greek financial crisis, in particular, have led to an escalated political crisis. There was an announcement by Greek Prime Minister
George Papandreou that a
referendum
A referendum (plural: referendums or less commonly referenda) is a direct vote by the electorate on a proposal, law, or political issue. This is in contrast to an issue being voted on by a representative. This may result in the adoption of ...
would take place to determine whether Greece would accept the next bailout deal with the
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
, the IMF and the
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centra ...
(ECB).
However such a referendum never took place. The parties of the opposition and politicians from within the ruling
PASOK
The Panhellenic Socialist Movement ( el, Πανελλήνιο Σοσιαλιστικό Κίνημα, Panellínio Sosialistikó Kínima, ), known mostly by its acronym PASOK, (; , ) is a social-democratic political party in Greece. Until 2012, it ...
subsequently demanded early elections.
At the same time,
protests and strikes in Greece have been commonplace, with some turning violent. Social unrest in the country is the result of a
series of austerity packages passed by the Greek parliament since 2010.
On 4 November 2011, there was a
vote of confidence
A motion of no confidence, also variously called a vote of no confidence, no-confidence motion, motion of confidence, or vote of confidence, is a statement or vote about whether a person in a position of responsibility like in government or mana ...
in Parliament, narrowly won by the government of
George Papandreou by a vote of 153 to 145 in the 300-seat body.
Although a number of
PASOK
The Panhellenic Socialist Movement ( el, Πανελλήνιο Σοσιαλιστικό Κίνημα, Panellínio Sosialistikó Kínima, ), known mostly by its acronym PASOK, (; , ) is a social-democratic political party in Greece. Until 2012, it ...
MPs said they would not support the government in the vote of confidence, all 152 eventually did support the government after PASOK's leader Papandreou agreed to step down as Prime Minister in order for a
government of national unity to take over.
Following the vote of confidence one previously expelled PASOK member was re-admitted to the party, raising the Papandreou majority to 153 seats. Despite the narrow victory, Papandreou eventually resigned a few days later, making way for a three-party "grand coalition"
caretaker government
A caretaker government is a temporary ''ad hoc'' government that performs some governmental duties and functions in a country until a regular government is elected or formed. Depending on specific practice, it usually consists of either randomly se ...
under
Lucas Papademos, a former
ECB vice president, with the support of PASOK, ND and LAOS. However, LAOS later resigned over further austerity measures.
Procedure
Voting is mandatory; however none of the legally existing penalties or sanctions have ever been enforced. 250 seats will be distributed on the basis of proportional representation, with a threshold of 3% required for entry into parliament. The other 50 seats will be awarded to the party or coalition that wins a
plurality
Plurality may refer to:
Voting
* Plurality (voting), or relative majority, when a given candidate receives more votes than any other but still fewer than half of the total
** Plurality voting, system in which each voter votes for one candidate and ...
of votes, according to the
election law
Election law is a branch of public law that relates to the democratic processes, election of representatives and office holders, and referendums, through the regulation of the electoral system, voting rights, ballot access, election management b ...
. Parliamentary majority is achieved by a party or coalition of parties that command at least one half plus one (151 out of 300) of total seats. Blank and invalid votes, as well as votes cast for parties that fall short of the 3% threshold, are disregarded for seat allocation purposes.
Date
In a speech to parliament on 4 November,
Evangelos Venizelos
Evangelos Venizelos (, ; born 1 January 1957) is a Greek academic and politician who was Deputy Prime Minister of Greece and Minister for Foreign Affairs from 25 June 2013 to 27 January 2015. Previously, he was Deputy Prime Minister and Ministe ...
said that the caretaker government would last until February.
In late December 2011, it was decided that the election would be pushed back to late April, in order to allow the
technocrat government to pass austerity measures.
Incumbent parliament
Five parties were elected at the 2009 election, but during the course of the parliament changes in party memberships (mostly due to the February 2012 expulsions from the main two parties of representatives who would not vote for the loan agreement), resulted in representation for a further two official parties (parties with more than 10 MPs) and two parliamentary caucuses (i.e. smaller parties). An additional 18 members sat as
independents. Leaders of official parties enjoy certain privileges that permit them equal footing to one another and to the prime minister, both in parliamentary procedure and in pre-election debating; such privileges are not extended to caucuses and independents.
Participating parties
A total of 31 parties participated in the election:
#
PASOK
The Panhellenic Socialist Movement ( el, Πανελλήνιο Σοσιαλιστικό Κίνημα, Panellínio Sosialistikó Kínima, ), known mostly by its acronym PASOK, (; , ) is a social-democratic political party in Greece. Until 2012, it ...
,
Evangelos Venizelos
Evangelos Venizelos (, ; born 1 January 1957) is a Greek academic and politician who was Deputy Prime Minister of Greece and Minister for Foreign Affairs from 25 June 2013 to 27 January 2015. Previously, he was Deputy Prime Minister and Ministe ...
#
New Democracy
New Democracy, or the New Democratic Revolution, is a concept based on Mao Zedong's Bloc of Four Social Classes theory in post-revolutionary China which argued originally that democracy in China would take a path that was decisively distinct ...
(ND),
Antonis Samaras
#
Communist Party of Greece
The Communist Party of Greece ( el, Κομμουνιστικό Κόμμα Ελλάδας, ''Kommounistikó Kómma Elládas'', KKE) is a political party in Greece.
Founded in 1918 as the Socialist Labour Party of Greece and adopted its curre ...
(KKE),
Aleka Papariga
#
Coalition of the Radical Left
The Coalition of the Radical Left – Progressive Alliance ( el, Συνασπισμός Ριζοσπαστικής Αριστεράς – Προοδευτική Συμμαχία, Synaspismós Rizospastikís Aristerás – Proodeftikí Simachía), ...
–
Unitary Social Movement (SYRIZA),
Alexis Tsipras
Alexis Tsipras ( el, Αλέξης Τσίπρας, ; born 28 July 1974) is a Greek politician serving as Leader of the Official Opposition since 2019. He served as Prime Minister of Greece from 2015 to 2019.
Tsipras has led the Coalition of t ...
#
Popular Orthodox Rally (LAOS),
Georgios Karatzaferis
#
Democratic Alliance (DISY),
Dora Bakoyannis
#
Social Agreement (KOISY),
Louka Katseli
#
Independent Greeks (ANEL),
Panos Kammenos
Panagiotis "Panos" Kammenos ( el, Παναγιώτης "Πάνος" Καμμένος, ; born 12 May 1965) is a Greek politician and the founder of the right-wing party " Independent Greeks", which formed the governing coalition of the Hellenic P ...
#
Democratic Left (DIMAR),
Fotis Kouvelis
#
Action –
Liberal Alliance (DRASI-FS),
Stefanos Manos and Grigoris Vallianatos
#
Ecologists Greens (OP), six-member committee
#
Union of Centrists (EK),
Vassilis Leventis
Vasileios "Vasilis" Leventis ( el, Βασίλειος "Βασίλης" Λεβέντης, ; born 2 November 1951) is a Greek politician, leader of the Greek centrist party, Union of Centrists () since 1992 and former Member of Parliament, in offi ...
#
Liberal party (LIBERTAS), Manolis Kaligiannis
#
Golden Dawn
Golden Dawn or The Golden Dawn may refer to:
Organizations
* Hermetic Order of the Golden Dawn, a nineteenth century magical order based in Britain
** The Hermetic Order of the Golden Dawn, Inc., a modern revival founded in 1977
** Open Source ...
(XA),
Nikolaos Michaloliakos
#
No: The coalition of
Democratic Revival and
United Popular Front
United Popular Front ( el, Ενιαίο Παλλαϊκό Μέτωπο (ΕΠΑΜ), EPAM) is a Greek political party founded in July 2011 by citizens who participated in the Indignant Citizens Movement and the anti-austerity demonstrations which ...
(EPAM),
Stelios Papathemelis and 3-member committee
#
I Don't Pay Movement
I Don't Pay Movement ( el, Κίνημα Δεν Πληρώνω, ''Kínima den Pliróno'') is a Greek political party founded in March 2012 by citizens who participated in the "I don't pay" movement. It participated in the May 2012 National Electio ...
, Vasilis Papadopoulos
#
Communist Party of Greece (Marxist-Leninist) /
Marxist-Leninist Communist Party of Greece (KKE(M–L) / ML KKE), four-member committee
#
Front of the Greek Anticapitalist Left
The Front of the Greek Anticapitalist Left ( el, Αντικαπιταλιστική Αριστερή Συνεργασία για την Ανατροπή, ΑΝΤ.ΑΡ.ΣΥ.Α., translit=Antikapitalistiki Aristeri Synergasia gia tin Anatropi, ANT.A ...
(ANTARSYA), 21-member committee
#
Organisation of Communist Internationalists of Greece (OKDE), 3-member committee
#
Workers Revolutionary Party (EEK),
Savas Matsas Savas Mihail Matsas (or Savas Michael Matsas or Savas Michael-Matsas; el, Σάββας Μιχαήλ Μάτσας; born as Sabetai Benaki Matsas (Σαμπετάι Μπενάκη Μάτσας) 1947, Athens) is a Greek Jewish intellectual, leader of t ...
#
Organisation for the Reconstruction of the Communist Party of Greece (OAKKE), 3-member committee
#
National Unity Association (SEE), Nikos Alikakos
#
, Michail Iliadis
#
Pirate Party of Greece (KPE), Ioannis Panagopoulos
#
Recreate Greece (DX),
#
Panathinaikos Movement
The Panathinaikos Movement ( el, Παναθηναικό Κίνημα) is a Greek political party, founded in 2012.
The Panathinaikos Movement is the first political and social political party in the history of the country, founded by people wit ...
(PANKI), Yiorgos Betsikas
#
Dignity
Dignity is the right of a person to be valued and respected for their own sake, and to be treated ethically. It is of significance in morality, ethics, law and politics as an extension of the Enlightenment-era concepts of inherent, inalienable ...
, alliance of independent candidates, Panayiotis Theodoropoulos
#
Greek Ecologists
The Greek Ecologists ( el, Έλληνες Οικολόγοι, translit=Ellines Ιkoloyi) (previously Union of Ecologists, el, Ένωση Οικολόγων, translit=Enosi Ιkoloyon) is a Greek "fringe" and "bizarre ecological party".
The party' ...
, Dimosthenis Vergis
(sole candidate)
#
National Resistance Movement
The National Resistance Movement ( sw, Harakati za Upinzani za Kitaifa; abbr. NRM) has been the ruling party in Uganda since 1986.
History
The National Resistance Movement (NRM) was founded as a liberation movement that waged a guerrilla w ...
(KEAN),
(sole candidate)
# Renewing Independent Left, Renewing Right, Renewing Pasok, Renewing New Democracy, No to War, Party of Action, I Give Away Land, I Pardon Debts, I Save Lives, Panagrarian Labour Movement of Greece (PAEKE), Miltiadis Tzalazidis
(sole perennial candidate
A perennial candidate is a political candidate who frequently runs for elected office and rarely, if ever, wins. Perennial candidates' existence lies in the fact that in some countries, there are no laws that limit a number of times a person can ...
)
#
Regional Urban Development
In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and t ...
(PAA), Nikos Kolitsis
(sole candidate)
Four other parties were banned by the
Supreme Court of Greece:
National Hope,
PAME in GESEEP, the Friends of Man and Citizens Assembly–(Direct) Democracy in Practice. National Hope was prohibited under the electoral law from participating as it is a
monarchist party.
The court also banned the one-man party Tyrannicides from contesting the election under that name, on the grounds that the title "demonstrated criminal intent."
The party's Athanasios Daskalopoulos was however allowed to run in the election as independent candidate, on equal terms with the 51 other approved independent candidates.
On 18 March, PASOK held a
leadership election in which Finance Minister Evangelos Venizelos was the sole candidate.
In order to provide voters with a quick unbiased tool, to check into what degree the voters personal answer in a political survey compared with the answers by the political parties, a joint academic non-profit group of researchers from
Aristotle University of Thessaloniki
Aristotle (; grc-gre, Ἀριστοτέλης ''Aristotélēs'', ; 384–322 BC) was a Greek philosopher and polymath during the Classical period in Ancient Greece. Taught by Plato, he was the founder of the Peripatetic school of phi ...
and four other International universities, developed this free to use internet application
Choose4Greece.
Campaign

Among the 12 biggest political parties in the opinion polls, the parties that would continue the austerity programme were PASOK, New Democracy, DISY (Democratic Alliance) and DRASI (Liberal Alliance).
There was also criticism of the German-led austerity programmes. Golden Dawn's campaign also called for the placement of
land mine
A land mine is an explosive device concealed under or on the ground and designed to destroy or disable enemy targets, ranging from combatants to vehicles and tanks, as they pass over or near it. Such a device is typically detonated automatic ...
s on the border with Turkey, the revocation of eurozone loan agreements,
nationalisation of banks that received state loans and the nationalisation of natural resources. It was also said to have gained support by organising patrols in high-crime neighbourhoods (a similar tactic to
Jobbik
The Movement for a Better Hungary ( hu, Jobbik Magyarországért Mozgalom), commonly known as Jobbik (), is a conservative political party in Hungary.
Originating with radical and nationalist roots, at its beginnings, the party described itsel ...
, who gained
entry into the Hungarian parliament for the first time). In turn PASOK and New Democracy also ratcheted up rhetoric against illegal immigration, while New Democracy feared further loss of votes to opponents of the austerity measures. LAOS, in turn, called for immigrants to be sent to
uninhabited islands.
KKE leader
Aleka Papariga said that Greece should leave both the eurozone and the EU. ND's
Antonis Samaras doubted the ability to create a "grand coalition" with PASOK. The Ecogreens'
Yiannis Paraskevopoulos said the prime issue for them was the economy and the direction of the country. Independent Greeks'
Panos Kammenos
Panagiotis "Panos" Kammenos ( el, Παναγιώτης "Πάνος" Καμμένος, ; born 12 May 1965) is a Greek politician and the founder of the right-wing party " Independent Greeks", which formed the governing coalition of the Hellenic P ...
said that Germany was too dominant and criticised the austerity measures he said were dictated to Greece. SYRIZA's
Alexis Tsipras
Alexis Tsipras ( el, Αλέξης Τσίπρας, ; born 28 July 1974) is a Greek politician serving as Leader of the Official Opposition since 2019. He served as Prime Minister of Greece from 2015 to 2019.
Tsipras has led the Coalition of t ...
said that he was open to working with Independent Greeks or anyone who supported a left-wing government. LAOS's
Georgios Karatzaferis, who left the interim government midway through its "mandate," criticised ND and PASOK for their "betrayal," saying that "they depend their political survival on foreign power centres by accepting English law for
reece'sbonds. This land is governed by ," while he justified his initial decision to join the interim government by saying: "I am not the first choice of the Americans and the troika. It's only natural for me to be put under pressure." He also criticised a new initiative against illegal immigration as lax, in what was read as a move to gain back credibility from Golden Dawn.
Controversy
At a campaign rally in the Athenian suburb of
Maroussi on 21 April, PASOK's Evangelos Venizelos said that "parliament cannot become a reception space for the followers of Nazism and fascism." In response, some Golden Dawn supporters were reported to have thrown bottles and other objects at him.
Other events
Ahead of the election, the financial markets started to price in the risk that the election could result in a new government led by parties seeking to reverse the austerity measures.
Due to the risk factor, the yield for the new 10-year Greek government bond rose from 18.1% on 15 March to 22.3% on 10 April, at a time when opinion polls predicted the election would result in a new anti-austerity government. On 27 April, the yields slightly recovered to 20.6%, when opinion polls started to show that the election could result in an austerity friendly government.
Less than a week before the election
Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...
increased the Greek sovereign debt rating by a notch above default.
The
Bank of Greece made an unusual political statement on 24 April when it claimed that the economic recovery depends upon a "strict adherence to the economic reforms and fiscal adjustment commitments Greece has agreed with its eurozone partners." It claimed that choosing a different path would only lead to a worsening of the recession. The central bank called on citizens and the political system to undertake "the historic responsibility of choice" and asked for "the greatest possible consensus" in society and in the political sphere when deciding if Greece should stay in the
eurozone
The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU polic ...
by applying the agreement with Greece’s creditors or to drop out. It warned that Greece’s eurozone membership was at stake if Greece failed to follow through on its pledges after the election.
Opinion polling

Surveys carried out since 2009 showed a sharp decline in support for the two major parties, PASOK and New Democracy, with PASOK, the sole ruling party until 2011, seeing the largest losses in support. Polling numbers for LAOS, having risen until late 2011, declined in the run up to the next election, while support for previously minor left-wing parties as well as the new, right-wing
ANEL party seemed to surge. The poll by ''VPRC'' in January 2012 featured PASOK in fifth place, the first time in over thirty years that the party was not amongst the top two;
however by April 2012 it had returned to second place in the polls.
Golden Dawn
Golden Dawn or The Golden Dawn may refer to:
Organizations
* Hermetic Order of the Golden Dawn, a nineteenth century magical order based in Britain
** The Hermetic Order of the Golden Dawn, Inc., a modern revival founded in 1977
** Open Source ...
, an extreme right party, was set to enter parliament for the first time, capturing traditional LAOS voters after their support fell when they joined the interim governing coalition.
According to Greek law, opinion polls may not be published in the last two weeks preceding an election.
Results
Reactions
ND's Antonis Samaras said "I understand the rage of the people, but our party will not leave Greece ungoverned." Golden Dawn's Nikolaos Michaloliakos told his party supporters that "Europe of the nations returns, Greece is only the beginning" amid applaud and chants of "Greece belongs to Greeks." He also told the media: "The resistance of Golden Dawn against the bailout dictators will continue. Inside and outside the Greek parliament. We will continue the battle for Greece. Free from the international speculators. For a proud and independent Greece. For Greece without the bailout slavery and the loss of our national sovereignty."
The absence of a parliamentary majority was highlighted as a reason of concern. Financial analysts expressed their opinion that the poor result of the parties that had supported the austerity measures and neo-liberal economic policies would be detrimental for financial markets. The financial markets reacted negatively, with some opinions being expressed that Greece could withdraw from the
eurozone
The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU polic ...
before the end of 2013. The
Athex fell by a record 10% during the first hours of the trading day after the election. At the close of the first trading day after the election, Athex had slightly recovered to a decline of 6.7%,
while the yield for 10-year government bond rose from 20.6% to 23.0%.
Following the failure of ND to form a government, European financial markets fell, as well as U.S.
futures markets. U.S. stock indices also fell as a result. As a result of the failure to form a government five days later, following both ND and SYRIZA's attempts, U.S. financial markets continued to slide. After two failed attempts to form governments, Trevor Williams, the chief economist at
Lloyds TSB said that the markets were beginning to factor in a Greek withdrawal from the eurozone. This observation was at the same time also confirmed by a
Bloomberg Bloomberg may refer to:
People
* Daniel J. Bloomberg (1905–1984), audio engineer
* Georgina Bloomberg (born 1983), professional equestrian
* Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and ...
poll, as it showed 57% of investors now expected Greece would leave the euro in 2012. Four days after the election, the Athex general index had declined 10.8%,
while yields for the 10-year government bond had increased from 20.6% to 24.7%.
Over the course of the next eight days following successive failed attempts at government formation, stock markets in Europe and elsewhere fell, while sovereign bond yields in Italy and Spain also rose amid fears of a renewed crisis within the eurozone.
* - The
President
President most commonly refers to:
*President (corporate title)
* President (education), a leader of a college or university
*President (government title)
President may also refer to:
Automobiles
* Nissan President, a 1966–2010 Japanese f ...
of the
European Parliament
The European Parliament (EP) is one of the legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adop ...
Martin Schulz said that "the negotiations to form a government in Athens should have as a target the honouring of the country's obligations towards the European Union." Though he also said that the events in both Greece and other eurozone states indicate a need for a policy package in order to enhance growth and job creations.
:A
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...
spokesman said that it had "hopes and expects that the future government of Greece will respect the engagements that Greece has entered into."
* - German Chancellor
Angela Merkel
Angela Dorothea Merkel (; ; born 17 July 1954) is a German former politician and scientist who served as Chancellor of Germany from 2005 to 2021. A member of the Christian Democratic Union (CDU), she previously served as Leader of the Op ...
said that Greece alone should determine a possible coalition government and that Germany would work with any democratically elected government, while insisting on the continuation of the bailout measures. Foreign Minister
Guido Westerwelle added that Greece should continue to honour its obligations by cutting public deficits and that "we expect the formation of prudence government in Greece, with a clear European orientation." He added that Berlin will discuss this possibility with Athens.
After the failure of the first attempt to form a government he said that "we call on the authorities in Greece to quickly move toward stability so that a government of reason can be formed.
he developments are viewed
He or HE may refer to:
Language
* He (pronoun), an English pronoun
* He (kana), the romanization of the Japanese kana へ
* He (letter), the fifth letter of many Semitic alphabets
* He (Cyrillic), a letter of the Cyrillic script called ''He'' in ...
with great concern. It’s important for us that the steps that have been agreed upon with the government be implemented. They are not up for negotiation.
**
Bundestag
The Bundestag (, "Federal Diet (assembly), Diet") is the German Federalism, federal parliament. It is the only federal representative body that is directly elected by the German people. It is comparable to the United States House of Representat ...
Alliance '90/The Greens
Alliance 90/The Greens (german: Bündnis 90/Die Grünen, ), often simply referred to as the Greens ( ), is a green political party in Germany. It was formed in 1993 as the merger of The Greens (formed in West Germany in 1980) and Alliance 90 (for ...
leader
Jürgen Trittin reacted to the result in saying that it was a "clear vote that Europe should not lose its social equilibrium" and "this was the end of Mercozi, a good day for Europe and a bad day for Merkel."
* - Finance Minister
Anders Borg said that "it is of course of central importance to underline that they must uphold the direction of fiscal policy. They must continue to uphold the measures they have pledged in the programmes."
Local media reactions included '
's headline "Country in Limbo" and ''
Ta Nea
''Ta Nea'' ( el, Τα Νέα, italic=yes; Translation: ''The News'') is a daily newspaper published in Athens. It was owned by Lambrakis Press Group (DOL), which also published the newspaper '' To Vima''. The assets of DOL were acquired in 2017 ...
''
's "Nightmare of Ungovernability."
Results by region
Analysis
New Democracy won most districts of the Greek countryside, winning in its traditional strongholds of
Macedonia
Macedonia most commonly refers to:
* North Macedonia, a country in southeastern Europe, known until 2019 as the Republic of Macedonia
* Macedonia (ancient kingdom), a kingdom in Greek antiquity
* Macedonia (Greece), a traditional geographic reg ...
and
Peloponnese
The Peloponnese (), Peloponnesus (; el, Πελοπόννησος, Pelopónnēsos,(), or Morea is a peninsula and geographic region in southern Greece. It is connected to the central part of the country by the Isthmus of Corinth land bridge whi ...
. However, 19% of the vote for New Democracy is an all-time low for the party, down from its previous all-time low of 33% which occurred in the
previous election in 2009. SYRIZA won the highest number of votes in most urban areas, including
Athens
Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital city, capital and List of cities and towns in Greece, largest city of Greece. With a population close to four million, it is also the seventh List ...
and
Thessaloniki
Thessaloniki (; el, Θεσσαλονίκη, , also known as Thessalonica (), Saloniki, or Salonica (), is the second-largest city in Greece, with over one million inhabitants in its Thessaloniki metropolitan area, metropolitan area, and the capi ...
. This is the first time since the
election of 1977 that a party besides New Democracy or PASOK finished as one of the top two parties. PASOK, who have spent 21 years in government on-and-off since
1981
Events January
* January 1
** Greece enters the European Economic Community, predecessor of the European Union.
** Palau becomes a self-governing territory.
* January 10 – Salvadoran Civil War: The FMLN launches its first major off ...
, suffered their worst defeat since 1974, reduced to just 13% of the vote. PASOK finished in first place in four prefectures:
Heraklion
Heraklion or Iraklion ( ; el, Ηράκλειο, , ) is the largest city and the administrative capital of the island of Crete and capital of Heraklion regional unit. It is the fourth largest city in Greece with a population of 211,370 (Urban ...
,
Lasithi
Lasithi ( el, Λασίθι) is the easternmost regional unit on the island of Crete, to the east of Heraklion. Its capital is Agios Nikolaos, the other major towns being Ierapetra and Sitia. The mountains include the Dikti in the west and the ...
,
Rethymno
Rethymno ( el, Ρέθυμνο, , also ''Rethimno'', ''Rethymnon'', ''Réthymnon'', and ''Rhíthymnos'') is a city in Greece on the island of Crete. It is the capital of Rethymno regional unit, and has a population of more than 30,000 inhabitants ...
, and
Rhodope. It has been suggested that Syriza's sudden success depended on PASOK joining the right-wing pro-austerity coalition and Syriza convincing voters that it was "the only 'true' leftist party" which unlike their rivals would actively renegotiate the austerity terms.
Even though the Communist Party increased its share of the vote by almost 1% and increased its presence in the parliament by 5 seats, it finished outside of the top three for the first time since
1993
File:1993 Events Collage.png, From left, clockwise: The Oslo I Accord is signed in an attempt to resolve the Israeli–Palestinian conflict; The Russian White House is shelled during the 1993 Russian constitutional crisis; Czechoslovakia is peace ...
. The Communist Party finished in first place in the
Samos Prefecture. Right-wing
Golden Dawn
Golden Dawn or The Golden Dawn may refer to:
Organizations
* Hermetic Order of the Golden Dawn, a nineteenth century magical order based in Britain
** The Hermetic Order of the Golden Dawn, Inc., a modern revival founded in 1977
** Open Source ...
entered parliament for the first time, while fat-right
LAOS lost all parliament seats after it joined the governing coalition.
Government formation
As the election resulted in no single party with a majority of parliament seats, the Greek law stipulates a procedure, where the largest party first will be given a chance to negotiate a government formation within three days. Failing that, the second largest party will be given the chance within the next three days, and if this attempt also fails the third ranked party will get a further three days to try and form a government. If none of the three largest parties can succeed to form a government, the baton will be handed over to the president for a last neutral attempt. If the process fails, then another election will be called.
The day after the election, President
Karolos Papoulias
Karolos Papoulias ( el, Κάρολος Παπούλιας ; 4 June 1929 – 26 December 2021) was a Greek politician who served as the president of Greece from 2005 to 2015.
A member of the Panhellenic Socialist Movement (PASOK), he previousl ...
met with the leader of New Democracy Antonis Samaras to task him with the first attempt to form a government.
On 8 May, Tsipras was tasked with forming a government
within the stipulated three days by Papoulias at noon. At the same time the EU decided to continue with Greece's disbursements which meant sending US$5.4 billion on 10 May, but an additional US$1.29 billion was held back. As a result of the political imbroglio, both PASOK and ND suggested the EU and IMF agreement could have to be re-evaluated.
If PASOK leader Venizelos failed Papoulias would make a final attempt to form a unity government.
Venizelos met with Papoulias on 12 May to return his mandate.
On 12 May, an opinion poll showed that 72% of respondents felt that the parties must make mutual concessions and work together, 22.9% of them called for a new election. At the same time, 78.1% requested that the new government should do everything necessary in order to keep Greece within the eurozone.
The talks failed on 15 May, with an early
election
An election is a formal group decision-making process by which a population chooses an individual or multiple individuals to hold public office.
Elections have been the usual mechanism by which modern representative democracy has opera ...
expected in June. A
caretaker cabinet under
Council of State
A Council of State is a governmental body in a country, or a subdivision of a country, with a function that varies by jurisdiction. It may be the formal name for the cabinet or it may refer to a non-executive advisory body associated with a head o ...
president
Panagiotis Pikrammenos was appointed on 16 May, and the election date announced to be scheduled for 17 June.
The formal decrete to dissolve the newly elected parliament and call for new elections at 17 June, was jointly signed by the President of the Republic
Karolos Papoulias
Karolos Papoulias ( el, Κάρολος Παπούλιας ; 4 June 1929 – 26 December 2021) was a Greek politician who served as the president of Greece from 2005 to 2015.
A member of the Panhellenic Socialist Movement (PASOK), he previousl ...
and caretaker Prime Minister
Panagiotis Pikrammenos at 19 May, to fully comply with the constitutional rule of calling for new elections within 30 days after having dissolved the parliament.
See also
*
List of members of the Hellenic Parliament, May–June 2012
References
External links
igraphics.gr election results visualized. Distribution maps of every party for further analysis.
Choose4Greece an application that allows users to see which party is in accordance with certain views. (In Greek)
NSD: European Election Database - Greecepublishes regional level election data; allows for comparisons of election results, 1990–2012
{{Greek elections
1
2012 05
2012 in Greek politics
Greek government-debt crisis
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wit ...
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wit ...
Legislative 2