The Greek population does not appear to have been impressed by the cabinet changes made by Prime Minister Alexis Tsipras after he dismissed those cabinet members who voted against the economic reforms agreed with the EU for Greece to be given the third bail-out package to help it pay off its debts. The dismissals included the Energy Minister and two Deputy Ministers. Greek President Prokopis Pavlopoulos conducted the swearing-in ceremony for the new cabinet members, including new Minister George Katrogalos.
Ex-Finance Minister Yanis Varoufakis did not mince his words when he stated the economic reforms would fail no matter who supervised it.
On Friday, Germany’s Parliament approved a motion to commence negotiations for a further loan of €86 billion to be made available to Greece whilst the Council for Europe approved another loan of €7 billion for Greece to pay-off short-term loans.