Stournaras to face panel on Siemens, but not on Monday
Bank of Greece Governor Yannis Stournaras is willing to appear before Parliament’s institutions committee following the panel’s decision to summon him to testify in connection with the Siemens cash-for-contracts scandal but not on Monday, as requested, because emergency talks on Greece will require him to be on standby, sources close to Stournaras indicated over the weekend.
According to those sources, Stournaras cannot appear before the panel on Monday as he will need to be monitoring the progress of an extraordinary Eurogroup summit in Brussels, followed by a meeting of eurozone leaders and an emergency session of the governing council of the European Central Bank to discuss the state of Greek banks.
The panel decided to call Stournaras, at the recommendation of House Speaker Zoe Constantopoulou, as he signed an out-of-court settlement with the German firm during his stint as finance minister in August 2012.
