Green Party praises Syriza's victory in Greece and calls for similar popular uprising in Britain

Molly Scott Cato MEP, the party’s finance spokesman, says Greens 'share the view' of far-Left party promising radical scaling back of austerity despite economic warnings

The Green Party has praised the anti-austerity party Syriza’s election victory in Greece and called on the win to trigger a similar left-wing popular uprising in the UK.

Molly Scott Cato MEP, the party’s finance spokesman, said the Greens “share the view” of the newly elected government on austerity and urged people to stand up against “discredited economic model and failing Governments across Europe”.

It follows comments by Caroline Lucas, Green MP and former party leader, tweeting that “hope has won” with Syriza’s victory and saying she was “inspired by the huge vote”.

The reaction is at odds with the Prime Minister and other leading politicians who have warned the election result increases the likelihood of a fresh economic crisis in Europe.

Syriza, a far-Left party pledging to end austerity in Greece, is projected to win 149 seats in the county’s recent election – just two short of an absolute majority.

The party has promised to renegotiate the country’s debts and deep cuts which were agreed with the international community when it was granted a £185 billion bailout.

Its rise to power has triggered concerns the eurozone could be on the brink of a fresh crisis as the new Greek government pushes to rewrite its debt agreements while remaining in the euro.

There is evidence money is already being pulled from Greece after the election amid concerns the party’s victory could trigger a run on the banks.

Mr Cameron said the Greek election would “increase economic uncertainty across Europe” while experts warned the country was now on a collision course with eurozone leaders.

However the Green Party has welcomes the result, praising Syriza's victory and calling for a similar popular uprising to take place elsewhere across Europe.

Ms Scott Cato released a joint statement with fellow Green MEP Keith Taylor saying: “Greens share the view of the new government that austerity is a failed model which has piled misery on the poorest while making the wealthiest even richer.”

It added: “This result shows that challenging business as usual politics can win the support of the people. In the UK we are witnessing a Green Surge, in no small part due to our anti-austerity agenda, and we hope the Greek election result marks the beginnings of ordinary people standing up to a discredited economic model and failing Governments across Europe.”

Ms Lucas tweeted: “’Hope has won’ – inspired by huge vote for #Syriza – now EU must listen to people & economists & respond with debt forgiveness & support.”

Syriza proposes a major anti-austerity package which includes free electricity, subsidised food and rents and the restoration of free healthcare.

The party also wants to write off bank debts for people who cannot afford to pay – a move some experts fear could trigger a run on lenders – as well as introducing high taxes on the rich.

In the UK, the Greens have recently come under fire over its economic policy, which includes giving everyone in the country a ‘basic citizen’s wage’ of £72 a week regardless of wealth – costing the country an estimated £280 billion.

Greece's economic woes by numbers

George Osborne, the Chancellor, said the promises made by Syriza in the Greek election campaign were “incompatible” with the terms of membership of the eurozone.

“Ultimately, if you take at face value all the things that the new Greek government has promised, including the increases in public expenditure, I think that is going to be very difficult to deliver and incompatible with what the eurozone currently demands of its members." Mr Osborne told BBC Radio 4’s Today programme.

He added: "But I hope that both sides now act responsibly. Indeed, you heard the new Greek leader immediately saying ‘look, I want to get into a discussion with the eurozone authorities.' So I think everyone has in the past seen the precipice, a couple of years ago, the Greek exit from the euro, and pulled back."