Monday morning's Greek newspapers were full of reaction to Syriza's election victory.

Image source, Getty Images

Ross Brannigan tweets, external: As bad as it sounds, one may argue Greece elections are good as testing ground for alternative policies. Risks may outweigh benefits, tho

Alexis Tsipras is also expected to meet the leader of To Potami (The River), Stavros Theodorakis, later on Monday to discuss the party supporting the coalition, Greek daily Tovima reports, external.

Alexander Jones tweets, external: Elections in #Greece have thrown up many questions about austerity. The reaction of the EU is crucial and will certainly set a precedent.

Reacting to the Syriza victory, the Athens stock exchange opened with a 5.5% drop on Monday, AFP news agency reports. But this later eased back to be down 1.36%.

Rod from Sheffield emails: I have sympathy for Greece but they got themselves in this position and should pay back the debt as agreed or pull out of Europe. They will still have to pay back the debt eventually.

Paul Mason, economics editor, Channel 4 News

tweets, external: Syriza-ANEL coalition - Tsipras is constructing issue by issue coalitions. Most of what he needs to do does not happen in parliament.

Niki Kitsantonis, New York Times stringer and reporter for Greek daily Kathimerini English Edition

tweets, external: So, right-wing Independent Greeks to join leftist Syriza in anti-austerity govt. Uneasy bedfellows one would think. Cabinet composition tbc.

Meanwhile, one of German Chancellor Angela Merkel's Christian Democrat conservatives, Michael Grosse-Broemer, has told a German TV channel that "as soon as everyone has calmed down, they'll realise Mr Tsipras has to live in reality and has to stick to treaties signed under the former government".

He said reforms had worked in Spain and Portugal and that the Greeks had not seen the progress that those countries had made.

Manos Giakoumis, head analyst at the Macropolis website

tweets, external: Participation in #Greece elections topped 63.9% from 62.5% in June 2012.

James Agar tweets, external: #Greece leaves behinds catastrophic austerity, it leaves behind fear and authoritarianism - #Tsipras #greeceElections #Grexit

Bernd Riexinger, co-leader of the German left-wing party Die Linke, says Syriza's victory "means the beginning of a new politics not just in Greece but in the rest of Europe".

Brian Susbielles tweets, external: Anti-austerity, Euro-sceptic parties will be inspired after seeing what Greece did. Germany/Merkel must be concerned a bit. #GreeceElections

AFP news agency reports that after meeting Syriza leader Mr Tsipras, Independent Greeks leader Panos Kammenos said: "From this moment on there is a government, we will give a vote of confidence to the new prime minister."

Syriza's financial planning official, Giorgos Stathakis, has confirmed that the new government has no plans to meet with negotiators from the "troika" of the European Central Bank, the European Commission and the International Monetary Fund.

Instead it will seek talks directly with governments, reports the Associated Press news agency.

Cliff Cook in Crete emails: I'm writing this email at dawn, in Crete, and this dawn brings more than the usual promise of a new day. It feels to me that the four-year log jam of austerity that has taken such a toll on this people, has broken and that the way is clear for things to flow again.

Leader of the Syriza party Alexis Tsipras (R) and Panos Kammenos, chairman of the Independent Greeks party, met in Athens this morning for their coalition talks.

Image source, AP

Just to recap, Syriza needed a coalition partner after it fell just short of a majority needed to govern following Sunday's election.

Nick Malkoutzis, deputy editor of Greek daily Kathimerini English edition

tweets, external: Ind Greeks leader Kammenos confirms Greece has gov't

Although the Independent Greeks party is also fiercely anti-austerity, on other policies like immigration it is far more hardline, our correspondent adds.