1. National

Euro 'permanent bailout fund'

Eurozone members of the G20 may use a permanent bailout fund to buy the debt of member states in financial trouble to help bring down borrowing costs. France says it is currently "an idea, not a decision".

View all 43 updates ›

New Greek Finance Minister taken to hospital after fainting

Incoming Greek Finance Minister Vassilis Rapanos (right) pictured with his new Prime Minister Antonis Samaras. Credit: Reuters

Greece's incoming finance minister Vassilis Rapanos has been rushed to hospital after a fainting spell, said a government official and a source at the bank where he is chairman.

"He felt dizzy and fainted and was taken to hospital where he was given fluids intravenously and will undergo checks," the banking source said.

A government official said he spoke to Rapanos on the phone after he was taken to hospital, where he was in the process of undergoing checks.

Rapanos, the chairman of Greece's biggest commercial bank National Bank of Greece, has been named finance minister in Prime Minister Antonis Samaras's cabinet and was due to be sworn in later today.

More on this story