New Greek government takes oath of office
The new left-wing government of Greek Prime Minister Alexis Tsipras took office on Wednesday with a core of returning ministers pledging to restart the country’s flagging economy.
In a message to creditors, Tsipras kept the same team that negotiated the country’s latest EU bailout but the incoming administration also has to address a burgeoning migration crisis.
Pro-euro Euclid Tsakalotos remains at the finance ministry helm while George Houliarakis, the expert who led the country’s rocky bailout negotiations with EU and IMF experts, has been appointed junior finance minister.
The cabinet is largely a carbon copy of the previous government headed by Tsipras, who resigned in August after seven months in office after losing his majority when anti-euro hardliners in his Syriza party quit in anger over the reform-and-rescue deal.
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