New Greek Finance Chief Brings Much-Needed Diplomatic Touch

On his first full day as Greek finance minister, Euclid Tsakalotos faced 18 angry colleagues in a room in Brussels.
New Greek Finance Chief Brings Much-Needed Diplomatic Touch
Newly appointed Greek Finance Minister Euclid Tsakalotos arrives for a handover ceremony at the Finance Ministry in Athens on July 6, 2015. Angelos Tzortzinis/AFP/Getty Images
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ATHENS, Greece—On his first full day as Greek finance minister, Euclid Tsakalotos faced 18 angry colleagues in a room in Brussels.

His eurozone counterparts were livid after the left-wing Greek government called and won an austerity referendum that rejected their proposals for a rescue deal. Wearing a crumpled cotton suit, no tie and a gentle smile, Tsakalotos walked into the conference room on Tuesday carrying a notepad of hotel stationery with hand-written discussion points — easily readable by zoom lens — that included the entry “no triumphalism.”

Such mild manners and diplomatic tact have helped the 55-year-old restore negotiations between Greece and its creditors after they had been strained to breaking point by his larger-than-life, confrontational predecessor, Yanis Varoufakis.