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Antonis sworn in as new Greek PM

Greek conservative party head Antonis Samaras was sworn in as prime minister on Wednesday at the helm of a three-party coalition that will uphold the country's international bailout commitments.

The move ends a protracted political crisis that had cast grave doubt over the country's future in Europe's joint currency and threatened to plunge Europe deeper into a financial crisis with global repercussions.

Samaras, an American-educated 61-year-old economist, was sworn in three days after his party won the second national elections in six weeks but without enough votes to form a government on its own.

His New Democracy party will join forces with the socialist PASOK party, which came in third place, and the smaller Democratic Left led by Fotis Kouvelis. Discussions on the lineup of ministers were expected to be completed by tonight.

'I will ask the new government that will be formed on Thursday to work hard so that we can offer tangible hope to our people,' Samaras told reporters as he left the presidential mansion.
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