More Turmoil Hits Greek Government

Greek Finance Minister Vassilis Rapanos resigned for health reasons, forcing the government to scramble as it tries to renegotiate better terms for its European-led bailout.

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Press Watch, June 22

The Athens press greeted the new government with a mixture of hope and scepticism. Some newspapers – mainly opposition, which in this case means mainly pro-Pasok – complained that most of the ministers came from the old guard of the conservative New Democracy party.

Most papers focused on the appointment of the former National Bank of Greece governor – and president of the Hellenic Banking Association – to head the crucial finance (...)

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