Daily Briefing: End of Tsipras era beckons in Athens

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Daily Briefing: End of Tsipras era beckons in Athens
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Daily Briefing: - Greek PM Tsipras holds final election rally, as conservatives are tipped to oust him - Survey shows UK businesses turn gloomier, concerns over economic impact of Brexit - Industrial orders in Germany drop far more than expected in May

LONDON - Greek Prime Minister Alexis Tsipras holds his final campaign rally today ahead of Sunday’s election but barring a surprise, his days in power look to be over.

His transformation from leftist firebrand to reluctant backer of an EU-enforced austerity programme brought him respect on the world stage - and encouraged some investors back to Greece - but won him few friends at home. The bottom line is that the combined effect of chronic unemployment, poverty and cost-cutting in the public sectorThe irony is that, if ultimately much of Greece's woes can be blamed on decades of mismanagement by the political establishment before Tsipras,: Kyriakos Mitsotakis, leader of the conservative New Democrats, is the Harvard-educated son of a former prime minister.

FILE PHOTO: Main opposition New Democracy conservative party leader Kyriakos Mitsotakis attends a procession in the city of Kavala, during an election campaign in northern Greece, June 28, 2019. REUTERS/Alkis KonstantinidisA trio of read-outs overnight suggest growing concern in the UK over the economic impact of Brexit.

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