Wednesday, January 28, 2015

Tsipras picks anti-austerity professor as Greek finance minister

by Kerin Hope

Financial Times

January 28, 2015

Greece’s radical leftist prime minister Alexis Tsipras announced his new cabinet on Tuesday, handing the top economic posts to a former communist politician and a popular leftwing blogger who has lambasted the austerity programme imposed by international creditors.

The Syriza leader’s list signals his concern to field a strong economic team while satisfying demands from the far left of his party for a significant portfolio and finding a handful of ministerial posts for the Independent Greeks, his rightwing coalition partner.

The final line-up, dominated by leftwing academics, is likely to raise concerns among domestic and foreign investors fearful Athens will row back on economic reforms, attack big business interests and take a hard line on renegotiating Greece’s debt burden.

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