Greece swears in new government
By The Week Staff | June 20, 2012
Greek's New Democracy party, headed by Antonis Samaras, is expected to try and renegotiate the terms of its bailout with Germany.
REUTERS/Grigoris Siamidis
G
reek conservative party leader Antonis Samara was sworn in as prime minister Wednesday, "at the helm of a three-party coalition that will uphold the country's international bailout commitments." The move ends a long political crisis that had cast doubt on Greece's future with the eurozone. The new government still faces significant challenges ahead, including cutting 150,000 civil service jobs, privatizing a number of publicly-owned companies, and finding areas to cut back budgets in order to generate new savings.
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