19 June 2011

EUROZONE/ GREECE : Profile: New FM Evangelos Venizelos.

WSJ / A.Grantisas, C.Paris

Who is Evangelos Venizelos...the new man chosen to convince Greece's politicos and the public to go along with even more severe new austerity measures?
He is a lawyer, 54...but not an economist...who was the defense minister.
But... importantly... Venizelos has political gravitas.
"Venizelos carries a lot of political weight, both inside the Socialist party and in the wider public,"said an independent political analyst. "His appointment as finance minister means that Papandreou is trying to check the social upheaval we have seen in the past few days."