10 things you need to know today: January 26, 2015

(Image credit: AP Photo/Petros Giannakouris)

1. Radical Greek anti-austerity party wins parliamentary election

Greece's radical left Syriza party, which is vowing to end the country's tough austerity program, moved quickly to form a government Monday, a day after winning a decisive victory in Sunday's parliamentary elections. Party leader Alexis Tsipras, at age 40 Greece's youngest prime minister in 150 years, said the vote gave the party a clear mandate to end "five years of humiliation and pain," signaling a showdown with lenders over the terms of Greece's $270 billion international bailout. Greek stocks fell by five percent early Monday.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.