Varoufakis’ MeRA25 loses Euro-seat, launches campaign for Greek national elections

Former finance minister Yanis Varoufakis, whose Greek political party MeRA25 lost the seat it had gained in the European Parliament elections on Sunday, said his party would go ahead and launch a campaign for national elections.

MeRA25 – the Greek political party affiliated with his Democracy in Europe Movement 2025 (DiEM25) – failed to propel its candidate MEP through to the Europarliament, losing its seat to New Democracy (ND), with 98 pct of the Greek votes counted. The party had initially surpassed the 3 pct threshold.

In a post on Twitter on Tuesday, the former FinMin said that “MeRA25 did not lose a thing,” and went on to underline that “we have earned the right to go ahead and call for a wide political allignment of progressive citizens who felt excited with the 3 pct we first got.”

MeRA25 is launching its campaign for the upcoming Greek national elections with a press conference by Varoufakis on Wednesday, at the Journalists’ Union of Athens Daily Newspapers (ESIEA), at 20 Akadimias Street, at 1:00 pm.