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Tsipras Must Purge Cabinet to Lift Economy, Greek Industry Says

  • Theodore Fessas says most ministers should be replaced
  • `Some fresh ideas and fresh people are required,' Fessas says
Greek Prime Minister Alexis Tsipras Unveils Draft Budget For 2016
Photographer: Kostas Tsironis/Bloomberg

Greek Prime Minister Alexis Tsipras desperately needs more competent officials in his administration to attract greater investment in the country and put the economy on firmer footing, according to the head of the main Greek business group.

Theodore Fessas, chairman of the Athens-based Hellenic Federation of Enterprises, said most Greek ministers should be replaced by people with technical knowledge and reform credentials. Otherwise, he said, Greece will struggle to enact overhauls required under its 86 billion-euro ($94 billion) international aid program and to restore economic growth.