Syriza has found a coalition partner

Market news

26 January 2015

Syriza has found a coalition partner

Syriza party won the parliament elections in Greece on Sunday. The party has pledged to renegotiate the terms of the country's €240 billion euro financial bailout and to reverse many of the austerity measures.

Syriza won 149 seats in the 300-seat parliament. The party has missed an outright majority.

Syriza's leader Alexis Tsipras, who could become Greece's next prime minister, agreed on Monday to team up with a right-wing party Independent Greeks party. The Independent Greeks party also wants to reject the austerity measures imposed on Greece by its creditors.

The Independent Greeks party won 13 seats.

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