New finance minister Houliarakis seen as safe pair of hands
(left) took over from Euclid Tsakalotos (right) as Greece’s finance minister yesterday. Houliarakis was Greece’s representative at the Euro Working Group until now. Houliarakis is also the chairman of the government’s Council of Economic Advisers (SOE) and had a key role in negotiations with lenders this year. ‘He knows what he’s doing because he was top man in the ministry for the past year and half,’ Eurogroup chairman Jeroen Dijsselbloem said yesterday of Houliarakis. The Dutch finance minister said the caretaker government has to continue preparations for the implementation of the third bailout.