Greece’s far-right, neo-fascist (also called Neo Nazi) party Golden Dawn has suffered a major electoral blow in national elections, not securing the 3 per cent threshold needed for a party to have seats in Parliament.

With nearly all of the ballots in Sunday’s general election counted, Golden Dawn had gained 2.93 percent of the votes.

In a statement, the party said it planned to take the legal action to challenge what it described as a “scandalous result.”

During the various crises that engulfed Greece over the past decade, Golden Dawn grew into the third largest political force in Greece, peaking at 18 legislators after winning almost 7 per cent of the vote in 2015.

In an angry concession speech on Sunday evening, party leader Nikos Mihaloliakos admitted his party’s loss but declared that “Golden Dawn is not finished.”

“We are sending a message to our enemies and so-called friends: Golden Dawn is not finished; get over it. The fight for nationalism continues. We return where we became strong: on the streets and squares, in a tough struggle against Bolshevism and the coming savage capitalism,” Mihaloliakos told a crowd of supporters.

Mihaloliakos ended his speech with his customary “Hail victory!” — a direct reference to the Nazis’ “Sieg heil” salutation.