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With 100 per cent of votes counted, ELAM garnered 6.78 per cent of the vote — a 3 per cent increase from the previous election in 2016 — to edge out the socialist EDEK party by the razor-thin margin of around 200 votes.
The centrist DIPA — made up of key figures from the centre-right DIKO party which has traditionally been the third biggest party — gained 6.1 per cent of the vote.
The centre-right DISY emerged in first place with 27.77 per cent of the vote, 5.4 per cent more than second-place, communist-rooted AKEL. But the parties respectively lost 2.9 per cent and 3.3 per cent of their support from the previous election.
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Analyst Christoforos Christoforou said the results indicate a “very big failure” on the part of both DISY and AKEL to rally more supporters by convincing them of the benefits of their policies.
A last-ditch appeal by the DISY leadership limited a projected 5 per cent voter loss to 3 per cent.
Christoforou said the real winners were ELAM with its strident anti-migration platform and hardline nationalist policies and DIPA whose top echelons still have connections to the centres of political power as former ministers and lawmakers.
He said that the high electoral threshold of 3.6 per cent means that 15,000 voters who cast ballots for smaller parties who didn’t win any seats are left without a voice in parliament.
Opinion polls in the weeks preceding the vote indicated that both DISY and AKEL would haemorrhage support as disappointed voters seek out alternatives among smaller parties.
The election won’t affect the running of the government on the divided Mediterranean island nation, as executive power rests in the hands of the president, who is elected separately.
About 65.73 per cent of nearly 558,000 eligible voters cast ballots for the 56 Greek Cypriot seats in parliament. Voter turnout was 1 per cent less than the previous poll.
Among the key campaign issues were the country’s handling of the COVID-19 pandemic and the hoped-for economic reboot as the country ramps up vaccinations.
Migration has also been an issue as the Cypriot government insists it has exceeded its limits and can no longer receive more migrants.
Smaller parties have appealed to voters to turn their backs on DISY, which they said is burdened by a legacy of corruption.
An independent investigation into Cyprus’ now-defunct investment-for-citizenship program found that the government unlawfully granted passports to thousands of relatives of wealthy investors, some with shady pasts.
DISY bore the brunt of the criticism because it backs the policies of Anastasiades, the party’s former leader.
Christoforou said there are questions as to whether the government has breached rules by using state funds to campaign for DISY.