Daily Management Review

A New Greece Representative in the IMF Has Remitted Her Position


06/01/2015


Earlier Elena Panaritis was nominated by an informal committee headed by Finance Minister of Greece Yanis Varoufakis, which includes Deputy Prime Minister Yannis Dragasakis, Greece Economy Minister Giorgos Stathakis and Deputy Minister for Foreign Affairs Euclid Tsakalotos. However, this appointment sparked a wave of criticism of the ruling party SYRIZA.



greekreporter.com
greekreporter.com
Earlier Elena Panaritis was nominated by an informal committee headed by Finance Minister of Greece Yanis Varoufakis, which includes Deputy Prime Minister Yannis Dragasakis, Greece Economy Minister Giorgos Stathakis and Deputy Minister for Foreign Affairs Euclid Tsakalotos. However, this appointment sparked a wave of criticism of the ruling party SYRIZA.

Elena Panaritis, appointed as a representative of Greece in the International Monetary Fund on May 29, declined her new position because of the criticism from dozens of deputies of the ruling party SYRIZA. The letter, which says about the Elena’s decision not to accept the appointment, was published by the Athens News Agency.

Panaritis candidacy was approved on May 29 by an informal committee headed by Finance Minister of Greece Yanis Varoufakis, which includes Deputy Prime Minister Yannis Dragasakis, Minister of Economy of Greece Giorgos Stathakis and Deputy Minister of Foreign Affairs Euclid Tsakalotos. However, the appointment sparked a wave of criticism among the ruling party SYRIZA members: many of the leftist deputies believe Panaritis to be involved in the signing of memorandums with creditors, which resulted in the recession in the economy and the impoverishment of a great part of the Greece people.

According to the deputies’ opinion, the representative of the former policy cannot express the views of the current government. On the whole, the letter demanding to revoke the appointment was signed by 44 deputies.

A government source told reporters on Monday that the decision on the appointment was collective and also denied the information that Elena Panaritis’ candidacy was approved personally by Yanis Varoufakis.
The problem has been resolved by itself – Elena Panaritis has changed her mind and denied her nominee as a Greece representative in the IMF.

“I want to thank all the members of the evaluation commission of the Greece government for the fact that they have chosen me to represent our country in the IMF, in particular the Finance Minister of Greece Yanis Varoufakis and Minister of Economy of Greece Giorgos Stathakis with whom I’ve been continuously working under the long negotiations process with creditors, whose tactics I know very well. I also want to thank the Greece Prime Minister Alexis Tsipras for his support. However, I never asked for this position for myself and I only accepted it in order to help the government with my experience in how the IMF works (and related organizations), but I find it impossible to accept this appointment because of the negative reaction from the deputies and representatives of SYRIZA,” - wrote Panaritis in the letter.

She said that she would make every effort that could help the negotiations and support the government, until “Greece will not be freed from the shackles of the memoranda”.

Panaritis is a highly successful economist. Previously, she was a deputy from the ruling party, but in 2012, she strongly criticized the economic policies of the Greece government. After the victory of SYRIZA in the elections Elena has contributed to the country’s efforts at the talks, said the Ministry of Finance in connection with her appointment.

source: theguardian.com
 






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