New Greek leader set to unveil anti-austerity government

 Greece's new Prime Minister Alexis Tsipras is set to unveil his anti-austerity coalition government Tuesday, bringing together his radical left-wing party with the nationalist right, after a stunning election win that sent shockwaves through Europe.

With the new cabinet expected to be announced and sworn in on Jan. 27, the world will get a closer glimpse at Greece's Syriza-led administration, now on a collision course with international creditors over plans to renegotiate its massive bailout deal.

Syriza are the first anti-austerity party to govern in Europe, but they fell two seats short of a 151-seat majority in parliament and were thus forced to forge a coalition with the small right-wing Independent Greeks (ANEL) party.

Analysts have described the coalition as "unnatural" and potentially short-lived, saying that that ANEL -- best-known for vitriolic attacks on Germany -- are unpredictable, while the two parties differ starkly on immigration policy.
 
However, the two parties share a common opposition to the EU-IMF bailout, which forced sweeping spending cuts on Greeks and deepened a painful six-year recession.
 
Tsipras's first priority will be to deliver on his pledge to renegotiate the terms of the 240-billion-euro ($269 billion) bailout despite universal opposition from Greece's European allies.
 
Renewed fears that Greece could be forced out of the eurozone if it defaults on its debt repayments saw the euro hit an 11-year low against the dollar Monday, while Greek stocks closed down more than three percent.
 
The IMF extended an olive branch to the new Greek government, saying it was prepared to continue its financial support to the country.
 
"We stand ready to continue supporting...