Tuesday, June 26, 2012
Greece names Stournaras as new finance minister
A photo taken on May 24, 2011 shows Yannis Stournaras, a 55-year-old former banker and economics professor, sitting at the Greek Parliament in Athens.
Greece's ruling coalition appointed economist Yannis Stournaras as the country's new finance minister, the prime minister's office said today.
"Prime Minister Antonis Samaras has decided to name Athens University economics professor and Director of (economic think-tank) IOBE Yannis Stournaras as Finance Minister," Samaras's office said in a statement.
Yesterday, newly appointed Greece's finance minister Vassilis Rapanos resigned because of ill health, throwing the government's drive to soften the terms of an international bailout into confusion days before a European summit.
Rapanos, 64, chairman of the National Bank of Greece, was rushed to hospital on Friday, before he could be sworn in, complaining of abdominal pain, nausea and dizziness. Greek media said he had a history of ill-health.
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Greek finance minister resigns
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