Athens • Greek Prime Minister Antonis Samaras replaced his finance minister with a finance and economics professor during a broad Cabinet reshuffle Monday following the conservative-led coalition government's weak showing in European parliamentary elections last month.
Outgoing Finance Minister Yannis Stournaras has been widely rumored to be taking over the governorship of the Bank of Greece. The current governor's term expires later this month.
Stournaras, who was appointed in mid-2012, handled Greece's bailout negotiations with the International Monetary Fund and European Union and oversaw the country's tentative return to financial markets earlier this year.
He is being replaced by Gikas Hardouvelis, chief economist at Eurobank who also served as economic adviser to two previous governments, those of socialist prime minister Costas Simitis in 2000-2004 and of Lucas Papademos in late 2011-mid-2012.