Soft, cautious in the words and without a celebrity tendencies, almost shy. Economist Euklid Cakalotos, which will likely be the new Minister of Finance of Greece, characteristically is the complete opposite of his predecessor Janis Warufakisa. No revolution in the economic policy of the government but Alexis Ciprasa will not be – the extreme left-wing views Cakalotosa have already been formed in the days when he studied at Oxford.
Update: 13:11
Euklid Cakalotos has remained in the shadow of his superiors, who in time crisis negotiation loved to show off in the media and shocking statements, but as the chief negotiator of Athens was a key figure during talks with Eurogroup and the International Monetary Fund.
A strong candidacy Cakalotosa to the key post of finance minister of Greece told Reuters on Monday. citing a senior official of the Greek government. Announcement of the appointment is expected at any time.
Euklid Cakalotos is a model example of European downright cosmopolitan “caviar left”. Born in the Netherlands in 1960. Wealthy Greek family, he grew up in Britain, where he attended an elite private school St. Paul’s, and then began to study economics, political science and philosophy at University of Oxford. Master’s thesis defended at the University of Sussex, in 1989. Doctorate at Oxford.
writes “The Guardian”, it was at Oxford Cakalotos contracted extreme leftist ideology. He joined the Greek Communist Party, and also involved in the anti-globalization movement.
For Greece moved in the early 90s with his wife, a British economist Heather Gibson, after a brief period lecturing at the University of Kent. In the years 1994-2010 he taught at the Athens University of Economics and Business, then moved to National University. Kapodistrian in Athens.
At the time, decided to engage Cakalotos in politics and in 2012. he joined the far-left Syrizy, led by Alexis Ciprasa and carried out in this year’s election got out of the party’s letter to the Greek parliament.
With skillful fueling Social dissatisfaction with the rehabilitation program, which Athens has imposed European Union and the International Monetary Fund, the group quickly have won more and more support. At the beginning of 2015. Syriza won the elections and Alexis Cipras took up the position of prime minister.
Cakalotos was still in the slow lane then Greek politics. For the post of finance minister Cipras decided to appoint another economist – very popular among the people of the extreme left-wing economist Janis Warufakisa, which had crowds of “followersów” on Twitter and did not hesitate to use very aggressive language.
Warufakis not changed his style even very controversial during the negotiations at the highest level, on which depended the fate of Greece . Accusing Greece’s creditors of “terrorism” did not facilitate the negotiation of billions of alms and Warufakis, defining themselves as “unpredictable Marxist”, the day after the referendum on July 5 had to leave the position. “I wore proudly lenders hatred” – wrote on the blog, announcing the departure of the government, explaining that “certain members of the Eurogroup gave him to understand that he is unwelcome at meetings of euro zone finance ministers.”
Euklid Cakalotos came on the front lines of the dispute Greece with its creditors in April, when Alexis Cipras cast him as chief negotiator. If confirmed information about his appointment to head the Ministry of Finance of Greece, its impact on the economic situation of the country, as well as the euro area will increase significantly.
Everything points that Cakalotos, who like his predecessor is a staunch opponent of the savings program will be immeasurably easier partner for international institutions at the negotiating table, but time will tell if the Warufakisa will vary much more than the more conciliatory rhetoric.
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