Greek designated finance minister resigns

  • Greece's newly designated finance minister, Vassilis Rapanos, has resigned less than a week after being appointed to the job.

    In a letter to new Greek Prime Minister Antonis Samaras, Rapanos said he was stepping down from the post due to ill health.

    Rapanos was admitted to hospital last week following complaints of abdominal pain, nausea and dizziness.

    Rapanos, who is chairman of the National Bank of Greece, was named finance minister as part of the country’s three-party coalition government.

    He was rushed to hospital last Friday before he could be sworn in and has remained there since.

    Former PM Lucas Papademos has been named as a possible replacement.