Greeks name new finance minister

July 6, 2015 at 6:30 a.m. | Updated July 6, 2015 at 11:19 a.m.

by The Associated Press

This is a Sunday, June 28, 2015, file photo of Greece's Deputy Foreign Minister for international economic relations, Euclid Tsakalotos, as arrives at the Finance Ministry in Athens. Following Sunday's referendum the Greek government named lead bailout negotiator Euclid Tsakalotos as the new finance minister Monday, July 6, 2015.
This is a Sunday, June 28, 2015, file photo of Greece's Deputy Foreign Minister for international economic relations, Euclid Tsakalotos, as arrives at the Finance Ministry in Athens. Following Sunday's referendum the Greek government named lead bailout negotiator Euclid Tsakalotos as the new finance minister Monday, July 6, 2015.

ATHENS, Greece — The Greek government Monday named Euclid Tsakalotos as the country’s new finance minister, a day ahead of an emergency meeting with creditors in Brussels.

The 55-year-old economist was Prime Minister Alexis Tsipras’ lead bailout negotiator in talks that halted last month before Tsipras called a bailout referendum. In that referendum, Greeks overwhelmingly voted against recent creditor proposals required for bailout cash.

Tsakalotos replaces fellow economist Yanis Varoufakis, who quit earlier Monday, saying his departure would help bailout negotiations reach an agreement.

Read Tuesday's Arkansas Democrat-Gazette Style section for full details.

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