PM call with the Prime Minister of Greece: 9 July 2019

Greece’s Cabinet sworn in following election win for conservatives

PM call with the Prime Minister of Greece: 9 July 2019

Greece's third and final worldwide bailout ended last year and while the country doesn't rely on direct funds to meet its debt repayments, the previous government of Prime Minister Alexis Tsipras agreed to meet a series of budget targets over the coming years, even decades. "That brings about a lack of confidence and investment". Critics say that requirement has shackled government spending and stifled the country's recovery. "I hope Chouliarakis is here tonight, he is a very good friend of mine, but I do not know to wait to see".

Greece's new government will press ahead with tax cuts for households and businesses despite skepticism from creditors, the country's finance minister said Tuesday after he and his Cabinet colleagues were sworn in. "Mitsotakis [has] a strong mandate to implement his policy agenda".

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Despite winning a comfortable parliamentary majority, the government should still seek alliances and cooperation with other political parties, the prime minister added. In January 2015, Alexis Tsipras, leader of the radical-left Syriza, rode a popular wave against the austerity measures imposed on Athens by the European Union, oligarchs and income inequality, to become president.

And Golden Dawn, an extreme right-wing party, lost significant ground and failed to reach the 3 per cent threshold to parliament during last night elections.

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Christos Staikouras named Finance Minister and will be the point man in dealing with the country's lenders who've already said that the new government will have to stick to fiscal targets and won't be given any economic breathing room, making it tough for Mitsotakis to meet promised tax cuts and other reform, especially after the Tsipras giveaways.

The new government, which was sworn in by Athens Archbishop Ieronymos, relies heavily on experienced politicians who have served in previous governments.

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Trying to show he's open to naming people outside New Democracy, Mitsotakis put former Socialist Michalis Chrysochoidis in the spot of Citizens Protection Minister after the Premier said he wanted to end asylum on college grounds and would go hard after violence and anarchists who rampaged freely under Tsipras and SYRIZA.

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