Greece’s new cabinet sworn in after New Democracy party’s win

Greece’s new cabinet sworn in after New Democracy party’s win

Greece’s new cabinet sworn in after New Democracy party’s win

US President Donald Trump congratulated Greece's newly-elected Prime Minister Kyriakos Mitsotakis in a telephone call Tuesday while pledging to maintain close cooperation between the two North Atlantic Treaty Organisation allies.

"Commitments are commitments, and if we break them, credibility is the first thing to fall apart", Mario Centeno, president of the Eurogroup, said after the meeting. Tsipras presided over austerity policies under Greece's third worldwide bailout as it struggled in the global financial crisis. The economist and engineer served as deputy minister in a previous government. Critics say that requirement has shackled government spending and stifled the country's recovery.

Klaus Regling, head of the euro area rescue fund and lead Greek bailout creditor, said the high surplus target would remain a key condition. "I hope Chouliarakis is here tonight, he is a very good friend of mine, but I do not know to wait to see". "It was a cornerstone of the program from the beginning".

Mitsotakis faces the challenge of keeping Greece's global creditors happy while implementing the measures he promised to ease hardship on Greeks, such as lowering taxes and renegotiating fiscal targets.

Analysts said Mitsotakis would be able to pursue growth-friendly policies despite the bailout constraints and financial challenges. Most of the members of the new cabinet who were not candidates in Sunday's elections, are newcomers in politics. "Hard work begins today".

Hundreds of conservative supporters braved the summer heat to greet him outside the prime minister's official residence, chanting: "There his is!"

Despite winning a comfortable parliamentary majority, the government should still seek alliances and cooperation with other political parties, the prime minister added.

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.

Mitsotakis, who replaces leftist Alexis Tsipras as prime minister, also gave his cabinet a list of priorities up to December as part of a government action plan, urging them to speed up the implementation. Nikos Dendias, the new foreign minister, held previous Cabinet posts at the ministries of public order, development, and defense.

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