‘Mr Euro’ appointed new Greek finance minister

Mr Yannis Stournaras has been handed one of the toughest jobs in Europe after being appointed the new Greek finance minister.

The respected economist was part of the team that negotiated Greece’s entry into the euro.

Greece’s new conservative-led government was thrown into confusion after first choice Vassilis Rapanos resigned on Monday. The banker quit on the advice of doctors after complaining of dizziness and abdominal pains.

Stournaras or ‘Mr Euro’ as he is known in Greece, got the backing of the new coalition leaders.

In his in-tray is a note, which says Greece will run out of money next month unless lenders free up the next tranche of the EU/IMF loan.

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