Economics
Tsipras Chases Political Revival With Greek Cabinet Reshuffle
- Ruling Syriza party’s popularity is plunging in opinion polls
- Pressure to speed up reforms grows ahead of new bailout talks
George Stathakis.
Photographer: Yorgos Karahalis/BloombergThis article is for subscribers only.
Greece’s president swore in a new cabinet after Prime Minister Alexis Tsipras sought to turn around his political fortunes and work toward better terms from creditors by naming new ministers.
Tsipras appointed George Stathakis as energy minister late Friday, replacing Panos Skourletis, who repeatedly clashed with the country’s creditors and investors such as mining company Eldorado Gold Corp. Skourletis was moved to the interior ministry, while Stathakis’s replacement as economy minister was Dimitri Papadimitriou, president of the Levy Economics Institute at Bard College in New York. President Prokopis Pavlopoulos inaugurated the new cabinet in Athens on Saturday.