by Colleen Bolger
The Greek ruling party, Syriza, won a convincing victory in the national election held on 20 September, winning 144 seats, down from the 149 seats won on 25 January. Prime minister Alexis Tsipras resigned last month to make way for the poll after he signed a third memorandum with the country’s creditors. That agreement will deliver the harshest austerity yet experienced.
The calling of the election precipitated a significant split in Syriza, with more than two dozen rebel MPs forming Popular Unity (LAE by its Greek acronym). The new organisation also drew in 11 other organisations of the far left beyond Syriza’s membership as well as two significant factions of Antarsya, an anti-capitalist electoral front of a few thousand members. Yet it achieved a disappointing 2.9 percent of the vote – short of the 3 percent threshold required for parliamentary representation. [Read more…]