Kyriakos Mitsotakis

Snap elections would lead to euro exit, says former premier

Former prime minister and New Democracy honorary president Constantinos Mitsotakis on Thursday issued a statement urging local parties to find some common ground and avoid leading the country to early general elections, after a first vote in Parliament for a new president was seen a poor result for the coalition forces.

Civil servant bank transfers probed

 More than 5,000 employees who moved 1.5 bln euros abroad come under scrutiny

More than 5,000 civil servants are under investigation for transferring some 1.5 billion euros to foreign bank accounts since 2010, when Greece’s economic crisis erupted, the Administrative Reform Ministry revealed Thursday.

Reshuffle on cards after elections with Stournaras going to BoG

With less than a month to go until crucial European Parliament and local authority elections, the government is planning to focus its campaign on signs that the economy is gradually improving but Prime Minister Antonis Samaras is also said to be drafting a reshuffle that will see see Finance Minister Yannis Stournaras taking the top spot at the central bank after the polls.