Euclid Tsakalotos named Finance Minister
Euclid Tsakalotos has been named as Greece’s new Minister of Finance following the resignation of Yanis Varoufakis yesterday.
Euclid Tsakalotos (55) obtained a degree in Politics, Philosophy and Economics at the University of Oxford and later took a Master’s at the University of Sussex and Doctorate at the University of Oxford. From 1989 to 1990 he was a researcher at the University of Kent where he went on to teach until 1993. From there he went to the Athens University of Economics and Business and since 2010 has been Professor of Economics at the National and Kapodistrian University of Athens.
Tsakalotos joined the Communist Party of Greece in the early 1990s and subsequently became a member of Syriza. In May 2012 he was elected a Member of the Hellenic Parliament and in January 2015 was appointed Alternate Minister of International Economic Affairs. Since January he has been a key negotiator for the Tsipras government with the ‘institutions’ and is a close friend and colleague of former Finance Minister Yanis Varoufakis.
Euclid Tsakalotos is married with three children and speaks fluent English.