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Greece undergoes cabinet reshuffle in effort to speed up bailout reforms


Greece

Greece undergoes cabinet reshuffle in effort to speed up bailout reforms

Greek Prime Minister Alexis Tsipras has reshuffled the cabinet, notably moving out a number of ministers who have opposed bailout reforms.

The Energy Ministry was among the departments to change hands after its former chief expressed reservations about certain privatisations outlined in the fiscal deal agreed with the European Union and International Monetary Fund.

Finance Minister Euclid Tsakalotos was kept in his post; a nod to Tsipras’ pledge to swiftly conclude a review on labour reforms and tax issues and thus qualify for more debt relief.

The Defence and Foreign Ministers were also among those who held on to their posts.

Other ministers were moved around within the cabinet.

Tsipras is reportedly seeking to boost the waning popularity of his leftist SYRIZA party and convince Greece’s international creditors that his government is committed to economic reforms.

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