Greece appoints UT professor as finance minister
AUSTIN -- A visiting professor at the University of Texas at Austin was named the finance minster of Greece Tuesday.
Dr. Yanis Varoufakis taught classes at Lyndon B. Johnson's School of Public Affiars. Varoufakis was elected to the Greek Parliament Sunday, and sworn in Tuesday. Varoufakis is known as a distinguished economist, game theorist and analytic philosopher, according to a new release by the LBJ School.
The same day, Greece's new prime minister, Alexis Tsipras, was also sworn in.
In 2008, Greece was hit hard by the global financial crisis. Greece was bailed out in 2010, but had to agree to the terms. Greece's new prime minster, along with Varoufakis, are vocal about not agreeing to the terms of the bailout.
Read more: http://www.kvue.com/story/news/local/2015/01/28/greece-selects-ut-austin-professor-as-finance-minister/22465603/