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Varoufakis Demoted in Reshuffle of Greece's Negotiating Team
The Eurogroup meeting before the weekend was particularly acrimonious. Greek Finance Minister Varoufakis was isolated and demonized. After intensifying their criticism of Varoufakis in the closed meeting, according to reporters, several carried their battle to the media. The Greek government responded. Prime Minister Tsipras has announced a shuffling of his negotiating team, which includes a demotion of Varoufakis. While the controversial finance minister retains his post, a new negotiating team. The deputy Foreign Minister, Tsakalotos, a soft-spoken Oxford-educated economist will coordinate the group of negotiators ... (full story)
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