Leftist Syriza leader and winner of Greek general election Alexis Tsipras is sworn in as prime minister by Greek President Prokopis Pavlopoulos
Leftist Syriza leader and winner of Greek general election Alexis Tsipras is sworn in as prime minister by Greek President Prokopis Pavlopoulos (R) during a ceremony at the presidential palace in Athens, September 21, 2015. Greece's newly elected prime minister Tsipras said on Monday he would revive Greece's banks and its crippled economy, while demanding debt relief from creditors in his "first big battle" following an unexpectedly clear election victory that returned him to office as prime minister. Reuters/Alkis Konstantinidis

Greek Prime Minister Alexis Tsipras and his new Syriza-led coalition government secured a confidence vote on Thursday. All 155 lawmakers in the coalition backed Tsipras.

The Greek PM said before the vote that he wanted to recapitalise banks by the end of 2015. He said the goal was to win relief for the enormous debt burden on his country.

“Despite the difficulties ahead of us, we will exit the crisis in the next four years,” NY Times quoted Tsipras as saying.

As a standard practice in Greece, there was a three-day debate before the confidence vote. The government presented its program during the debate.

Tsipras winning the vote of confidence does not come as a surprise. He stressed that his government would bring Greece back to the path of development.

"The [government's] four-year term will be the term that will lead the country out of the crisis and Greek economy will return to growth, despite the difficulties that lie ahead," Nasdaq quoted Tsipras as saying. "Greeks have become a symbol for people around the world that fight against austerity and submission."

According to the Greek PM, the government will try to achieve a successful conclusion of the first review of its bailout program by November.

Tsipras was strongly against further austerity but settled for a third bailout agreement in July. The deal includes loans up to US$96 billion (AU$133 billion). The loan was considered to be an unavoidable step to prevent Greece from an exit from the eurozone.

Tsipras has taken 20 months to restore his country's access to international bond markets. However, the process is far from an easy one.

Tsipras needs to implement tough financial overhauls in coming weeks to be eligible for bailout funds worth €3 billion (AU$4.7 billion).

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