Usage Note
Neopresidente is a journalistic compound formed with the prefix neo- (new, recently elected) + presidente. The prefix neo- is highly productive in Italian political reporting: neoministro, neoeletto. It refers to someone who has just been elected or appointed president, not someone who is 'new' in a general sense.
Examples
"Il neopresidente ha tenuto il primo discorso."
Natural Translation
The newly elected president gave his first speech.

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