Gov’t asks for securities watchdog chief to resign
Greece’s leftist-led government has asked for the resignation of the country’s chief securities regulator, a government source told Reuters yesterday, the second dismissal after the removal of the head of the public revenues service. Costas Botopoulos served as head of the Capital Markets Commission for four years. It was not immediately clear what prompted the government to seek his resignation. It was also not clear if Botopoulos would stay on board until the recapitalization of the country’s big banks is completed. Public revenues chief Katerina Savvaidou was removed from her post at the independent public revenues of-
Cargo handling grows. The number of passengers passing through Greek ports may have posted a decline in the first quarter of the year on an annual basis, but cargo handling increased, Hellenic Statistical Authority (ELSTAT) figures showed yesterday. Passenger numbers fell 2.9 percent but Greek ports handled 4.4 percent more cargo.