After waiting three years, Kyriakos Mitsotakis is finally Greece’s prime minister. His New Democracy party swept to power in legislative elections on Sunday, commanding a wide and comfortable majority over Alexis Tsipras’ SYRIZA.
Greece has finally exited its bailout on Monday, after eight long years under EU-IMF supervision. Rather than being a success, however, its experience clearly demonstrates the limits of the International Monetary Fund’s involvement in Europe’s affairs.