In a report released Tuesday on its latest review of the country's progress under its
"With debt projected to exceed the targeted path, ... it is essential that
The IMF also urged the government to increase efforts to combat tax evasion, liberalize markets and speed up public administration reform. It also advised the government to help banks deal with a "mountain of bad loans."
The report comes one day after Prime Minister
"It is a new era for the country. ...
"The goal of the government remains the same ... to get out of the recession, encourage development and to tackle unemployment," he added.
Samaras replaced Finance Minister
But while Hardouvelis, a chief economist at
Hardouvelis served as director of the economics office under two previous prime ministers, Costas Simitis in 2000-2004 and
Samaras carried out his reshuffle after the left-wing SYRIZA party beat the governing New Democracy party in local elections and voting for the European Parliament last month.
The results are evidence of the anger felt by Greeks over austerity reforms demanded under the country's international bailout, namely repeated tax hikes as well as pension and salary cuts.
Other cabinet changes include the ministers of public order, interior, culture, education and health.
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