France congratulates Syriza on victory in Greek elections

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President Hollande says he wants to continue the 'close' cooperation between France and Greece in favour of 'growth' and euro zone 'stability'.

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French President François Hollande congratulated Greek leftist leader Alexis Tsipras for his Syriza party’s election victory on Sunday and pledged to work together to support growth and stability in the euro zone, reports the Mail and Guardian.

In a statement issued by the French presidency, Hollande expressed his “desire to pursue the close cooperation between our two countries in service of growth and the stability of the euro zone, in a spirit of progress, solidarity and responsibility that is at the heart of the European values we share.”

Tsipras said earlier that five years of austerity, “humiliation and suffering” imposed by international creditors were over after his Syriza party swept to victory in a snap election on Sunday. 

British prime minister David Cameron warned on Sunday that the Greek election would raise economic uncertainty across Europe, saying it meant his country had to stick to his plan for Britain’s own economy.

“The Greek election will increase economic uncertainty across Europe. That’s why the UK must stick to our plan, delivering security at home,” Cameron said on his official Twitter feed.

Cameron made his comments after Greece’s left-wing Syriza appeared on course to trounce the ruling conservatives in Sunday’s snap election, setting up a possible confrontation with international creditors. 

Spreadbetters see Europe shares falling after Greek vote European stocks were set to fall at the open on Monday, trimming some of last week’s sharp gains, as Greece’s Syriza party promised to roll back austerity measures after sweeping to victory in a snap election.

Read more of this report from the Mail and Guardian.

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