Down to business as Greek government sworn in

Greece’s new socialist government has been sworn-in in a solemn ceremony in Athens.

euronews channel-Prime Minister George Papandreou’s appointments to key cabinet posts have struck the right note with analysts.

His pared-down administration has been welcomed as the right blend of expertise and experience to tackle the challenges facing the country.

The list includes senior members of his PASOK party and fresh names with international experience. He has also overhauled the structure of the cabinet, splitting the finance and economy jobs but joining the environment and energy portfolios into one.

Observers say it is a clear signal that fighting the economic crisis is the government’s top priority, something Papandreou highlighted on the campaign trail.

The economy ministry has gone to one of his long-time advisors Louka Katseli, while George Papaconstantinou, a younger generation
economist, has been given the finance portfolio.
Both are seen by markets as capable hands.

One of their first challenges will be to convince Brussels to give Greece more time to bring its budget deficit in line with EU rules.


One thought on “Down to business as Greek government sworn in

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s