Friday December 19, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Central bank chief told term will not be renewed, source says

Greek central bank governor George Provopoulos has been formally told his six-year term will not be renewed, a Bank of Greece source said on Wednesday, ahead of an expected announcement that former finance minister Yannis Stournaras will replace him.

Prime Minister Antonis Samaras has called Provopoulos to inform him the government will not back him for a second term after his current one expires later this month, the source said.

"The prime minister thanked Provopoulos for his service, the central bank official told Reuters, on condition of anonymity.

The Bank of Greece's General Council will meet later on Wednesday to name Provopoulos's successor. The job is widely expected to go to former finance minister Yannis Stournaras.

Greece's central bank governor also has a seat on the governing council of the European Central Bank.

Provopoulos, 63, oversaw the recapitalisation of Greece's banking system under the terms of the country's international bailout and had publicly said he wanted a second term. [Reuters]

ekathimerini.com , Wednesday June 11, 2014 (10:57)  
Workers rush to get early retirement
Piraeus Containter Terminal goes from strength to strength
Moscovici: Creditor inspections to become less frequent and lighter
Property capital gains tax halt
Tsipras admits there could be hard days ahead
SYRIZA leader Alexis Tsipras said on Friday that he is determined to implement his partys economic program if it comes to power but admitted that it would experience a challenging period. ...
Public medical centers keeping up despite shortages
Despite having just 1,050 doctors, medical centers belonging to Greeces public health system (PEDY) saw more than 200,000 regular and emergency patients, made over 3,500 house calls and iss...
Inside News
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
SOCCER
PAOK loss at Giannina brings Olympiakos to within a point
The bad losses that PAOK and Panathinaikos suffered on the road on Thursday allowed Olympiakos to gain significant ground on the table and come to within one point from the top after the mid...
Inside Sports
COMMENTARY
New weapons of diplomacy
Hollywood screenwriters couldnt make it up: That Sony, one of the worlds biggest film producers, would be forced to pull a comedy about the assassination of North Koreas dictator after a ...
EDITORIAL
Oblivious to change
The world around us is undergoing many important changes while we sit around stewing in our own juices. US President Barack Obama is actually talking with Cubas Raul Castro, for example, bu...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Tsipras admits there could be hard days ahead
2. Public medical centers keeping up despite shortages
3. Workers rush to get early retirement
4. Piraeus Containter Terminal goes from strength to strength
5. Moscovici: Creditor inspections to become less frequent and lighter
6. Property capital gains tax halt
more news
Today
This Week
1. Independent Greeks MP Haikalis claims attempted bribery for presidential vote
2. Ship with 200 migrants off Pylos towed to Italy after passengers refuse to stop in Greece
3. Greek PM Samaras confronts peril putting his Greek transformation to vote
4. Independent Greeks leader backs MP's bribery claims, threatens to release video [Update]
5. Gov't spokeswoman says bribery claims 'badly-played charade,' heralds legal action if evidence not produced
6. Former premier Mitsotakis to meet President Papoulias to discuss political upheaval
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. Europe's drama in Greece needs final act to avoid tragedy
6. High stakes
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.