New Greece Finance Minister Sees Just One Way for Nation to Go: Up

New Greece Finance Minister Sees Just One Way for Nation to Go: Up
Author: Niki Kitsantonis
New York Times
September 1, 2014

Abstract:

The first time Gikas Hardouvelis left his job as a bank economist to try his hand at Greek politics, in 2000, the country was preparing to join the euro currency union, looking for-ward to a period of prosperity and optimism. The second time, in late 2011, Greece was teetering on the ‘ brink of a disastrous exit from the common currency, its fi-nances and politics in free fall. Now, as the country’s finance minister, Mr. Hardouvelis aims to steer Greece out of its cata-strophic recession, his hopes lift-ed by the first indications of an upturn.

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