Markets optimistic Greek government reshuffle will ease tension in negotiationsGreek Prime Minister Alexis Tsipras yesterday announced a new “political negotiationg team” to lead the discussions with Greece’s creditors – a move which is widely seen as further side-lining Greek Finance Minister Yanis Varoufakis. While Varoufakis is said to oversee the team, it will be coordinated by Deputy Foreign Minister Euclid Tsakalotos who will lead efforts to negotiate with the EU/IMF/ECB Troika. Giorgos Houliarakis, an academic who advised the previous government during its own negotiations, will take the place of Deputy Finance Minister Nikos Theoharakis in leading the day to day …read more
Source: Open Europe