The government of Kyriakos Mitsotakis has achieved high growth rates, despite being called upon to manage multiple external crises, and has returned Greece to a normalcy that has turned it into an investment destination, while at the same time restoring the image of a responsible, stable power in the eyes of the international community, notes the “Economist”, decoding the causes of the great victory of New Democracy in the polls of May 21.

“In the last four years, under Mr. Mitsotakis, an image of normalcy has been restored, to the extent that now Greece only borrows by about 1.5 percentage points above what Germany borrows, which is surprising,” emphasizes the person in charge of European issues Chris Lockwoodin the daily podcast “The Intelligence” of the well-known financial magazine.

“I think he’s done a very good job and he certainly deserves another four years, and that’s the conclusion the Greek voters have clearly reached,” Lockwood said.

“Greece is now considered by the international community to be a normal country, a responsible country, which is well governed and in which one can invest. There has been a series of profitable foreign investments in Greece. This is the achievement of Mitsotakis and that is why I think he deserves the four years he is going to win”, added the journalist of “Economist”.

The podcast noted that the ND achieved a “really very convincing victory” in the election, coming close to self-sufficiency despite the simple proportional system, with Lockwood stating that the 41% the ruling party got was an “impressive number”, which exceeded New Democracy’s performance in the 2019 polls.

It was also pointed out that the ND percentage came after four years of challenges and crises, which include the pandemic, the Russian invasion of Ukraine, the energy and inflationary crisis. “Nevertheless,” Lockwood said, “Kyriakos Mitsotakis managed to keep the country’s rudder fairly stable. It reduced inflation, increased growth – last year growth in Greece was almost double the eurozone average – and another good year is expected this year.”

Outlining the prime minister’s profile, Lockwood spoke of a “very intelligent man” with a background in finance and technocratic traits. “He is good. He has led a fairly capable, technocratic, rational government,” he added.

The issue now is the second election, according to the podcast, with Lockwood estimating that the ND is heading towards the formation of an independent government.