Oman Daily Observer

Reshuffle looms as Greek prime minister seeks debt relief

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ATHENS: Greek Prime Minister Alexis Tsipras is considerin­g a cabinet reshuffle to reverse a slump in popularity by sidelining ministers he sees as obstacles to winning debt relief from internatio­nal lenders, government sources say.

Tsipras wants reforms to achieve debt restructur­ing and to get Greece into the European Central Bank’s quantitati­ve easing programme. Doing so may appease austerity-jaded Greeks by persuading them that years of financial sacrifice are paying off.

Energy Minister Panos Skourletis, who opposes some key privatisat­ions demanded by lenders, including selling a stake in Greece’s PPC power company, was among the ministers who could be replaced, one source said. Finance Minister Euclid Tsakalotos was expected to keep his post, the officials said.

Asked to comment on a possible reshuffle, government spokeswoma­n Olga Gerovassil­i told Skai TV only that the government’s aim was the “flexible, fast, effective” management of the country.

A reshuffle would be testament to Tsipras’s delicate balancing act between implementi­ng painful bailout reforms and boosting his leftist Syriza party’s popularity ratings which have been sagging for months. Syriza is trailing the conservati­ves.

He was first elected 21 months ago promising to end years of austerity for Greece, imposed by internatio­nal creditors. But he was forced to reverse course by the prospect of the country being kicked out of the euro zone and pursue deeper reforms under a third internatio­nal bailout. He was re-elected in September last year.

“If he (Tsipras) needs a cabinet which can conclude the review as swiftly as possible then a reshuffle would indeed ease the points of contention,” said one of the sources, adding that it could happen as early as this month.

A second official said Tsipras has been mulling the move for some time but has not made any final decision, while a third official said a reshuffle was not expected to be broad but would affect the structure of ministries. Another bailout review, which includes unpopular labour reforms, fiscal issues and privatisat­ions, started in Athens on Friday.

Energy Minister Panos Skourletis, who opposes some key privatisat­ions demanded by lenders, including selling a stake in Greece’s PPC power company, was among the ministers who could be replaced, one source said

 ?? — Reuters file photo ?? Greek Prime Minister Alexis Tsipras (C) speaks with ministers of his government after voting for an omnibus bill cutting spending on pensions, speed up privatisat­ions and reform the electricit­y market, in Athens.
— Reuters file photo Greek Prime Minister Alexis Tsipras (C) speaks with ministers of his government after voting for an omnibus bill cutting spending on pensions, speed up privatisat­ions and reform the electricit­y market, in Athens.

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