After Elections, Greece Turns to the Economy

Questions over Greece's political future appear to have been answered, but economic questions remain. Prime Minister Alexis Tsipras was re-elected during general elections Sept. 20, and though EU officials welcomed his victory, they have urged Athens to focus on economic reform. And that is just what the government will do. By the end of October, Athens will have to review the budget for 2015 and present a budget for 2016 that includes substantial spending cuts. To comply with its bailout terms, Athens will also have to introduce tax hikes for farmers, introduce reforms in the labor market and continue with the privatization of state-owned companies — all before the end of the year.