NEW : New Democracy party fails to form coalition , hands over to leftist ruling coalition . Syriza had refused to form a unity government after Bloody Sunday . The Greek stock market was down about 6 % Monday as concerns that Sunday 's election could prompt Greek leaders to reconsider the deal resonated throughout Europe . It delivered a strong rebuke to parties that supported harsh austerity measures . Greece should stand by the bailout terms , a European Union spokeswoman says .
NEW : New Democracy party fails to form coalition , hands over to leftist ruling coalition . Syriza had refused to form a unity government after Bloody Sunday . It delivered a strong rebuke to parties that supported harsh austerity measures . Greece should stand by the bailout terms , a European Union spokeswoman says .