By Simon Miller

The Greek finance minister has resigned without ever been sworn in according to reports.

Vassilis Rapanos went into hospital on Friday after complaining about abdominal pain and nausea.

An official at the Hygeia Hospital told Reuters that Rapanos would be leaving hospital on Tuesday after a "gastroscopy and colonoscopy, which showed everything is completely normal".

Greece is expected to try and renegotiate the terms of its bailout at the two-day EU summit on Thursday but the team will also be without its prime minister Antonis Samaras who underwent successful surgery on Saturday to repair a damaged retina.

Rapanos was admitted on Friday before he could be sworn in as finance minister and is expected to miss a two-day EU summit starting on Thursday, when Greece will try to renegotiate the punishing terms of its international bailout.

Instead, Greece's foreign minister Dimitris Avramopoulos and outgoing finance minister Giorgios Zanias will attend the meeting.

Home     More News

Financial Risks Today Beta Banner

Other stories you may find of interest:

European Council proposes single cross-EU banking supervisor
The European Council is proposing a single banking supervisor for the entire European Union according to a discussion paper released today ahead of the eurozone summit on Thursday.

Open Europe: Full Spanish baillout economically impossible
A full bailout of Spain could cost between €450bn (£351.5bn) and €650bn over three years but is economically impossible according to the think tank Open Europe.

Pan-European regulations for hedge funds adopted by EU
Hedge funds and private equity firms face stricter rules when trading across the EU following the adoption of a harmonisation directive by the Council of Europe this morning.

This website is a part of Perspective Publishing Limited, registered in England No 2876166.