Greek Premier Appoints Sachinidis as Finance Minister

Filippos Sachinidis, who has served as the deputy and then alternate minister at Greece’s finance ministry since 2009, will be the new finance minister, replacing Evangelos Venizelos, who stepped down to lead the socialist Pasok party.

Sachinidis, who will be sworn in at 2:45 p.m. local time, according to an e-mailed statement from Prime Minister Lucas Papademos’s office today. The new minister, born in 1963, takes on the post after Venizelos tendered his resignation to focus on national elections.