South Korea: new Government takes over

The President of South Korea, Park Geun-hye, has also appointed four new Ministers, including the unification, in charge of Korean peninsula Affairs.

The economic situation of the country is one of the priorities of the new Executive. "As Prime Minister I will dedicate myself to revive the economy first and foremost. The current economic situation is very serious. Due to long-term stagnation in the global economy, many South Koreans, including people in small and medium-sized enterprises, agriculture and industry are in great difficulty. "

The reshuffle comes after the leader of the Saenuri party, Lee Wan-Koo was appointed in January to head the Government.

Prime Minister Chung Hong-won leaving presented resignation shortly after the sinking of a ferry that killed more than 300 people last April.

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