Grreek PM names scholar to finance job

Business | 9 Jul 2019 1:53 pm

Greece’s new conservative prime minister has announced the members of his Cabinet less than a day after his party won a general election.

Prime Minister Kyriakos Mitsotakis named the shadow finance chief Christos Staikouras as finance minister hours after being sworn into office yesterday.

Staikouras served as deputy finance minister in a previous conservative government.

Staikouras, a former Bank of England analyst and adviser to the board of Eurobank Ergasias SA, has been a lawmaker since 2007 and has taught at Greek universities as well as London’s City University. He was coordinator of economic affairs for New Democracy while the party was in opposition, Bloomberg reports.

He inherits the immediate challenge of meeting strict budget objectives set by Greece’s bailout creditors following warnings that the country’s public finances have slipped off target.

Mitsotakis appointed a veteran socialist as public order minister. Michalis Chrysohoidis held that job when Greek authorities dismantled an armed far-left extremist group in 2002.

Members of November 17 were wanted for multiple attacks and 23 killings.

The newly-formed cabinet includes 51 ministers and only five women.-AP/The Standard 



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