Finance Ministry asks for Larco CEO resignation

Greece?s Finance Ministry said it requested the resignation of Anastasios Barakos, the chairman and chief executive of Larco General Mining and Metalurgical SA, the country?s ferronickel producer.

The request is due to the fact that Larco ?hasn?t implemented laws which foresee a reduction in pay in the wider public sector,? according to a ministry statement on Thursday. [Bloomberg]