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How the world sees Greece
Showing posts with label costas simitis. Show all posts
Showing posts with label costas simitis. Show all posts
Wednesday, June 27, 2012
Press Watch, June 27
The appointment of economics professor and technocrat Yiannis Stournaras as finance minister dominated headlines in the Athens press. Reports indicated that the new “economy tsar”, as the finance minister is known in Greece, was approved by all three coalition partners – Premier Antonis Samaras, Pasok leader Evangelos Venizelos and Democratic Left leader Fotis Kouvelis.
Tuesday, June 26, 2012
"Mr Euro" named Greek finance minister
 BBC News | "Mr Euro" named Greek finance minister Reuters * Technocrat Stournaras named finance minister * Stournaras was in team that negotiated Greek euro entry * Banker Rapanos resigned five days after being named By Deepa Babington and Lefteris Papadimas ATHENS, June 26 (Reuters) - Yannis Stournaras, ... Greek Premier Appoints New Finance Minister Greece: New government hit by fresh resignation, deputy minister quits Greek PM Accepts Deputy Merchant Marine Minister Resignation |
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| READ THE ORIGINAL POST AT in.reuters.com |
Yannis Stournaras takes over as Greek finance minister
The man who took Greece into the euro ten years ago has become the country’s latest finance minister. He is replacing banker Vassilis Rapanos who was forced to resign due to health reasons.
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| READ THE ORIGINAL POST AT www.dw.de |
Greek Premier Appoints New Finance Minister
 Globe and Mail | Greek Premier Appoints New Finance Minister New York Times ATHENS — Prime Minister Antonis Samaras on Tuesday appointed Yannis Stournaras, an economist and former government adviser who served as development minister in the previous caretaker administration, as the country's new finance minister. Greece: New government hit by fresh resignation, deputy minister quits Greece Appoints Economist Stournaras As New Fin Min Greek government hit by fresh resignation |
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| READ THE ORIGINAL POST AT www.nytimes.com |
Yannis Stournaras Is Named New Greek Finance Minister
Yannis Stournaras, a prominent economist, is expected to succeed Vassilis Rapanos, who resigned before he could be sworn in, citing health problems.
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| READ THE ORIGINAL POST AT www.nytimes.com |
"Mr. Euro" named Greek finance minister
ATHENS (Reuters) - Yannis Stournaras, an affable and well-respected liberal economist, was appointed Greece's new finance minister on Tuesday after the sudden resignation of the first choice for the job at a crucial moment for the debt-laden country.
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| READ THE ORIGINAL POST AT www.reuters.com |
Greece names new finance minister
The Greek government appoints a new finance minister after its first choice resigned due to ill health less than a week after being appointed.
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Greece names second finance minister in five days
Greece's new government on Tuesday appointed economist Yannis Stournaras as its finance minister as it begins to renegotiate the harsh terms of an unpopular bailout agreement. His predecessor resigned for health reasons five days after being named.
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| READ THE ORIGINAL POST AT www.france24.com |
Thursday, June 21, 2012
Samaras to Name New Greek Government as Euro Area Ministers Meet
 TIME | Samaras to Name New Greek Government as Euro Area Ministers Meet Businessweek By Maria Petrakis and Natalie Weeks on June 20, 2012 Greek Prime Minister Antonis Samaras is set to announce the members of his government today after securing agreement from the country's political leaders on a coalition that will seek relief from ... Antonis Samaras: The Aristocrat Who Now Leads Austerity-Ridden Greece Greece has new government, says Pasok party chief Greek coalition takes power, promises to revise bailout |
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| READ THE ORIGINAL POST AT www.businessweek.com |
Samaras to Name New Greek Government as Euro Area Ministers ...
 Globe and Mail | Samaras to Name New Greek Government as Euro Area Ministers ... Bloomberg Greek Prime Minister Antonis Samaras is set to announce the members of his government today after securing agreement from the country's political leaders on ... Greek coalition takes power, promises to revise bailout Greek conservative leader Samaras sworn in as prime minister of ... Greek conservative head Samaras sworn in as prime minister amid ... |
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| READ THE ORIGINAL POST AT www.bloomberg.com |
Monday, June 18, 2012
Greek election: bid to build coalition government begins
New Democracy leader Antonis Samaras's attempt to forge a government of 'national salvation' already snubbed by Syriza
Tasked with forming a coalition government, Greece's conservative leader Antonis Samaras has begun efforts to build an administration of "national salvation" after narrowly winning Sunday's crucial election.
At his meeting with the country's head of state, Karolos Papoulias, the 61-year-old Samaras said he would attempt to forge a coalition of parties that "believe in [Greece's] European orientation and the euro".
"A national understanding by everybody is imperative. I will begin by seeing political leaders," said Samaras, adding that he thought there was room for agreement.
But cadres in the centre-right New Democracy party also acknowledged that navigating the crisis-hit country out of economic freefall and political instability will be far from easy.
Alexis Tsipras, whose radical Syriza party emerged as the runner-up – winning 26.9% of the vote compared with the 29.7% garnered by New Democracy – rejected Samaras's overtures outright, saying the leftwing alliance would instead oppose the government "both in and outside" parliament.
"The role of a strong opposition is to exercise criticism … to intervene in a combative way," Tsipras told reporters after holding talks with Samaras. "And that is what I assured him we would do."
Piling on the pressure, cash-strapped Greece's international creditors have made it abundantly clear that Athens has little time to waste. EU leaders, including German chancellor Angela Merkel who called Samaras to congratulate him, said it was vital that a government was formed as quickly as possible so that normality returns to the eurozone state.
The new administration faces a series of crucial meetings, including a gathering of eurozone finance ministers on 21 June – at which the country's next injection of cash will be discussed – and an emergency EU summit on 28 June.
Papoulias also underlined the urgency for a government to be formed as he handed Samaras the formal mandate, saying: "The country cannot remain ungoverned for even an hour."
Six weeks of political paralysis in the wake of an inconclusive poll in May have pushed Greece to the brink, with its state coffers fast running dry and public administration in complete disarray.
With 129 MPs in the 300-seat Greek parliament, the conservatives could form a comfortable majority by linking up with the Pasok party, which came in third with 12.3% of the vote.
Evangelos Venizelos, the former finance minister who oversaw the negotiations that secured Greece's second EU-IMF sponsored bailout package, has openly backed the need for reform even if, like Samaras, he also believes the loan agreement should be renegotiated to take some of the heat out of a society that has reached breaking point because of cutbacks. Combined, New Democracy and Pasok would control 162 seats.
But, acutely aware of the opposition the government will face from Syriza and other "anti-austerity" parties, Samaras said it was vital that a national salvation government comprised "as many parties as possible".
Analysts said this would mean forging an alliance with the small, pro-European Democratic Left party which won 6.3% of the vote. Appealing for the parties to co-operate, former prime minister Costas Simitis, who oversaw Greece's entry to the eurozone in 2001, said it was essential that Athens avoid "being driven out of the euro and to the drachma".
But getting there is unlikely to be easy. In a radio interview on Monday, the mild-mannered Fotis Kouvellis, leader of the Democratic Left party, indicated that the horse-trading would be fierce.
"Everything is on the table. The name of the prime minister and the cabinet ministers will have to be discussed," he said, adding that the "gradual withdrawal" from the excruciating terms of the lifeline thrown Greece was also a "red line" over which the party could not cross.
Samaras is due to meet Kouvellis either on Monday night or on Tuesday, said aides.
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