Kyriakos Mitsotakis Is Worn as New Prime Minister of Greece
Kyriakos Mitsotakis- Conservative politician was sworn in as Greece’s new prime minister on Monday after rushing to victory on a pledge to create more jobs and attract investment to the crisis-hit nation.
Mitsotakis’s New Democracy party won a complete majority with 158 seats within the 300-seat legislature. He pledges for more investments, well-paid jobs, and fewer taxes appeared to have won over Greeks worn out by years of EU-prescribed prudence and the euro zone’s highest unemployment.
In the present day, we began on the arduous work. I’ve absolute confidence in our abilities to rise to the occasion,” Mitsotakis stated after he was sworn in a ceremony officiated by Greek Orthodox clergy on the presidential palace in Athens.
Outgoing premier Alexis Tsipras later welcomed him, a leftist who steered the nation out of bailouts, however, was blamed for ruining negotiations with the nation’s lenders and saddling the country with extra debt after he took over in 2015.
However, his first significant test is more likely to come from outside Greece to the east.
Tensions are simmering between Turkey and Cyprus over offshore energy reserves; Greece is the closest ally of the internationally-recognized Greek Cypriot government, whereas there are additionally variations with Turkey over airspace rights over the Aegean.
Cyprus has found natural gas offshore in recent times. However, its jurisdiction has been challenged by Turkey, which helps a breakaway state within the north of the island.
Some Greeks stated the new authorities might make the economy work better after the nation emerged from the close surveillance of its international lenders the last year.
Shekhar looks after the editorial duties of the News column. He possesses a deep background in Share market and market research. Prior to joining Reliable Magazine, he was a full-time market investment adviser at Investing. Shekhar holds degrees in Finance and Economics from the University of Boston.