ATHENS, Greece (PNN) - May 6, 2012 - Greek neo-Nazi party Golden Dawn warned rivals and reformers Sunday that "the time for fear has come" after exit polls showed them securing their entry in parliament for the first time in nearly 40 years.

"The time for fear has come for those who betrayed this homeland," Golden Dawn leader Nikos Michaloliakos told a news conference at an Athens hotel, flanked by menacing shaven-headed young men.

According to updated exit polls, the once-marginal party will end up winning over 6% of the vote and sending 19 deputies to the 300-seat parliament on a wave of immigration and crime fears, as well as anti-austerity anger.

Michaloliakos said his party would fight against "world usurers" and the "slavery" of an EU-IMF loan agreement, which he likened to a dictatorship.

"Greece is only the beginning," he shouted at reporters as he walked to the news conference, accusing foreign media of spreading lies about his movement.

Shortly after being elected to the council - thanks to more than 10,000 votes in the Greek capital - Michaloliakos made waves by giving two fascist salutes captured by a television camera.

A mathematician, Michaloliakos has said Greece could survive very nicely without the EU-IMF recovery deal.

"Certainly we should break the agreement," he told the Athens News English-language weekly last month.

All illegal migrants "should leave our country," he said.

It has portrayed immigrants as stealing Greeks' jobs and as being responsible for a wave of crime, as the country is the first point of entry into the European Union for many illegal migrants.

Hostility from local residents has spiked in recent months, with the deterioration of an economic crisis that has brought Depression and hundreds of thousands of job losses in Greece.