On June 25, 2023, Greece held a crucial legislative election that resulted in a decisive victory for the center-right New Democracy party, led by incumbent Prime Minister Kyriakos Mitsotakis. Mitsotakis’ leadership saw his party win over 40% of the vote, securing a solid majority in the Hellenic Parliament and positioning him for a second term in office.
This election followed a closely contested vote in May that failed to produce a clear winner, prompting the need for a rerun. In the second round, New Democracy’s platform—focused on economic stability, post-pandemic recovery, and governance reform—resonated with Greek voters. Mitsotakis’ handling of the nation’s recovery from the COVID-19 crisis and his economic policies were key factors in his resounding success at the polls.
Mitsotakis’ victory was widely seen as a strong endorsement of his policies, particularly his economic reforms, pension system overhaul, and efforts to tackle corruption. His government had been credited with steering Greece through a period of economic recovery, making notable progress in reducing the country’s fiscal deficits and restoring growth. However, the administration faced criticism from certain sectors, with opponents arguing that austerity measures implemented during his first term had disproportionately affected vulnerable populations, leading to rising inequality.
With the election results securing his political mandate, Mitsotakis will continue to pursue his agenda for Greece’s modernization. This includes plans to further reduce public sector debt, improve social welfare systems, and continue reforms aimed at strengthening the economy. However, his government will also need to address ongoing challenges such as inflation, rising living costs, and the geopolitical impact of the war in Ukraine, which has placed additional strain on Europe’s economies.
The results of the election have positioned Greece as one of the more politically stable countries within the European Union. Political analysts suggest that Mitsotakis’ leadership, characterized by pragmatic economic management and a steady hand through turbulent times, may serve as a model for other EU nations grappling with similar challenges, including inflation and post-pandemic recovery.
Looking ahead, Mitsotakis’ New Democracy party is in a strong position to continue implementing policies that are central to its vision for Greece’s future. However, the government will need to remain responsive to the evolving economic pressures facing both Greece and the broader European context.