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New Greek Prime Minister Mitsotakis takes over, Tsipras bows out

News Service
14:27 - 8/07/2019 Monday
Update: 14:29 - 8/07/2019 Monday
REUTERS
Newly-appointed Greek Prime Minister Kyriakos Mitsotakis shakes hands with outgoing Prime Minister Alexis Tsipras at the Maximos Mansion in Athens, Greece July 8, 2019. REUTERS/Costas Baltas
Newly-appointed Greek Prime Minister Kyriakos Mitsotakis shakes hands with outgoing Prime Minister Alexis Tsipras at the Maximos Mansion in Athens, Greece July 8, 2019. REUTERS/Costas Baltas

BETTER ECONOMY

Some Greeks said the new government could make the economy work better after the country emerged from the close surveillance of its international lenders last year.

Conservative leaning Ta Nea newspaper said Mitsotakis had "absolute domination," making him an "all-powerful prime minister" for the next four years.

But many Greeks are wary after years of recession and crisis. Mitsotakis is inheriting an economy growing at a moderate clip - at 1.3 percent annual pace in the first quarter - and public finances which may fall short of targets agreed with lenders.

"I don't think the political situation would change much because of a new prime minister," said Evi Koukounaraki, 28.

#Mitsotakis
#Erdoğan
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5 years ago