Friday, June 17, 2011

Greece Reshuffles Cabinet

Wall Street Journal
June 17, 2011

Greece's embattled Socialist government announced a sweeping cabinet reshuffle Friday, replacing the country's finance minister in an effort to shore up support for unpopular economic reforms.

In a statement, spokesman George Petalotis said the government had appointed Evangelos Venizelos as finance minister, replacing George Papaconstantinou.

Mr. Papaconstantinou, seen as the architect of those economic reforms, was appointed as environment minister and remains within the government's inner cabinet.

The announcement comes after two days of dramatic developments in Greece, that included mass protests on the streets of Athens against new austerity measures and an open revolt against those measures within the ruling Socialist party.

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