Greece proposes renewal of central bank governor Yannis Stournaras’ term

Wednesday 15 April 2026 - 11:15

The government of Greece has proposed extending the mandate of central bank governor Yannis Stournaras, according to an official statement released on Wednesday.

Stournaras, who has led the Bank of Greece since 2014, is also a member of the Governing Council of the European Central Bank. His current six-year term is set to expire later this year, following a previous renewal in 2020.

A respected economist, Stournaras previously served as Greece’s finance minister during the country’s sovereign debt crisis between 2012 and 2014, a period marked by severe economic instability and negotiations with international creditors.

His leadership at the central bank has been associated with Greece’s broader efforts to restore financial stability and rebuild investor confidence after years of economic turmoil. Over time, he has also played a role in shaping eurozone monetary discussions through his position at the ECB.

If confirmed, this would mark an unprecedented third consecutive term for a Greek central bank governor, highlighting continuity in the country’s economic policy leadership.

The proposal from the centre-right government of Prime Minister Kyriakos Mitsotakis had been widely anticipated by financial analysts, who view Stournaras as a stabilizing figure in Greece’s post-crisis economic recovery.