Although Greece will officially exit the EU’s bailout program on August 20, the country will continue to be monitored by its former lenders, which will look at how reforms are being implemented and the economy develops.
After winning the election in a landslide victory, Kyrikos Mitsotakis has been sworn in as prime minister. He takes over from Alexis Tsipras, who led Greece through the final years of its international bailouts.
Prime Minister Kyriakos Mitsotakis has said Greece will ease taxes on its citizens while upholding austerity targets set by foreign lenders. The new premier vowed growth plans would be a "pleasant surprise for Europe."
For the time being, the conservative victory in Greece's snap elections spells the end for Alexis Tsipras' "leftist revolution." The voters are disenchanted, argues DW's Spiros Moskovou.
The opposition New Democracy party has won the highest share of the country's vote, beating out the ruling Syriza party, according to official projections. The party's leader said he "will not fail to honor your hopes."
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