The incoming government's promise to lower taxes and calls to ease the strict budget targets was bluntly rejected by Greece's creditors even before the new ministers had been sworn in.
Finance ministers from the 19 European Union countries that use the euro currency met in Brussels on Monday evening and insisted key budget targets must be adhered to.
It will be a hard task after former Premier and Radical Left SYRIZA leader Alexis Tsipras went on a costly spree of pension bonuses and tax cuts - after slashing benefits and raising taxes - in a failed bid to win re-election in July 7 snap elections where he was trounced by Mitsotakis, promising a pro-business tenure with tax cuts aimed at drawing investors. Staikouras is an economist and engineer who had served as deputy minister in a previous government. That brings about a lack of confidence and investment, " Eurogroup president Mario Centeno said after the meeting. Greece's third and final global bailout ended previous year, but the country's economy is still under strict supervision by its creditors. That condition has shackled government spending and, critics say, stifled the country's recovery.
"We will see more in detail in the Finnish Eurogroup in September, of course, there will be an EWG before that, but for the moment I cannot say more", the official added, admitting that "all political parties have challenged the 3.5% target and we would have this problem anyway, whoever won the election, but I repeat, is part of the 2018 package".
Roger Federer vs. Matteo Berrettini - 7/8/19 Wimbledon Tennis Pick, Odds, and Prediction
Not that Barty was prepared to assume as much after her 6-1 6-1 rout of British wildcard Harriet Dart . She didn't let me in the match at all.
"Welcome to a very special Outsiders where we're celebrating the election of a conservative government in Greece, the government of Kyrgios Mitsotakis", exclaimed one of the presenters, Rowan Dean, mispronouncing the Greek PM's first name, as tennis player's Nick Kyrgios' last name.
Despite winning a comfortable parliamentary majority, the government should still seek alliances and cooperation with other political parties, the prime minister added.
Greece's conservative New Democracy party won in a landslide the 7 July snap national election, defeating the ruling radical left-wing Syriza party.
The 51 members of the new government swore the oath of office on the Bible in a ceremony led by the Archbishop of Athens Ieronymos, in line with Greek tradition.