Connect with us

Hi, what are you looking for?

World

Greek bailout negotiator Euclid Tsakalotos named new finance minister

-

Greece on Monday named economist Euclid Tsakalotos, its top negotiator in the stalled EU-IMF talks, as the country's new finance minister, the president's office said.

"Euclid Tsakalotos will take his oath of office at 1700 GMT today," it said.

Rotterdam-born and Oxford-educated Tsakalotos, 55, taught economics at Kent University in Britain between 1990 and 1993 before relocating to Athens.

The leftist economist and lawmaker of the ruling Syriza party replaces flamboyant fellow economist Yanis Varoufakis, who stepped down earlier Monday.

Tsakalotos had already become Greece's point man in the EU-IMF talks in April after Varoufakis was deemed too abrasive in his contacts with fellow eurozone finance ministers.

Greece on Monday named economist Euclid Tsakalotos, its top negotiator in the stalled EU-IMF talks, as the country’s new finance minister, the president’s office said.

“Euclid Tsakalotos will take his oath of office at 1700 GMT today,” it said.

Rotterdam-born and Oxford-educated Tsakalotos, 55, taught economics at Kent University in Britain between 1990 and 1993 before relocating to Athens.

The leftist economist and lawmaker of the ruling Syriza party replaces flamboyant fellow economist Yanis Varoufakis, who stepped down earlier Monday.

Tsakalotos had already become Greece’s point man in the EU-IMF talks in April after Varoufakis was deemed too abrasive in his contacts with fellow eurozone finance ministers.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Business

As AI systems learn from company data, CIOs are confronting a harder question about ownership, control, and digital sovereignty

Social Media

It is the latest in a string of curbs imposed by the Russian authorities on internet access.

Business

Cathay Pacific has benefited from a pick-up in travel demand in Asia - Copyright AFP Peter PARKSHong Kong carrier Cathay Pacific said on Wednesday...

Business

Stock markets in Tokyo and Seoul have seen some of the widest swings since the Middle East crisis started - Copyright AFP Richard A....