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New PM for #Greece as #Tsipras punished for austerity

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Kyriakos Mitsotakis (pictured) is Greece's next prime minister, ousting Alexis Tsipras after four years, which saw him accept and ultimately face punishment for a painful EU-enforced austerity programme, write Mark John and Mike Dolan.

Tsipras has conceded the election - Mitsotakis will be sworn in today (8 July) on a promise to cut taxes and chase growth via higher investments, but he will find his room for manoeuvre no less limited than it was for his predecessor.

Although it is in the end of the Tsipras era, the reality check for Mitsotakis comes in September when, against a backdrop of still-crippling debt and unemployment, he is expected to outline the contours of next year’s budget.

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