ATHENS, Greece — Greek markets reacted positively Monday to Prime Minister Alexis Tsipras’ call for snap general elections following a resounding defeat of his left-wing Syriza party in European and local elections. Speaking Sunday after early results showed a heavy defeat for Syriza, Tsipras said he would visit Greece’s president after the second round of local elections on June 2 to request the early dissolution of parliament, triggering early national elections. Some underlined early elections would put an end to the uncertainty affecting business. Golden Dawn shed more than 4 percentage points, leaving them in fifth place with slightly under 5%, down from over 9% in the 2014 European elections. That would still give them two seats in the European Parliament, down from three.

Source: National Post May 27, 2019 10:52 UTC