Senator recommends Yanis Varoufakis for next chief of Australia’s central bank

·

Greens senator Nick McKim has put forward Greek Australian economist Yanis Varoufakis, a former Greek finance minister, as the ideal candidate to be the next Reserve Bank of Australia (RBA) leader.

This recommendation comes ahead of the RBA’s formal decision, which is due to be made this month.  

Ioannis “Yanis” Varoufakis served as the Greek Minister of Finance under Prime Minister Alexis Tsipras from January to July 2015, where he led negotiations with Greece’s creditors during the government-debt crisis.

Current government Philip Lowe. Photo: SBS
Current RBA governor Philip Lowe. Photo: SBS

Philip Lowe is the current Governor of the RBA with his seven-year term expiring in mid-September 2023. 

Federal Treasurer Jim Chalmers will consider renewing Mr Lowe’s contract, or a new RBA government will be appointed. 

Source: Sheppnews

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

From Metallica to Maritime: The many lives of Greek shipping tycoon Harry Vafias

Though Greek shipping tycoon, Harry Vafias, spends much time working, it certainly isn't a case of 'all work and no play.’

‘I want them to know their word matters’: Peter Georgiou stands against gender violence

Peter Georgiou, a real estate agent from Rushcutters Bay and father of four-year-old twins Leila and Lola, believes change begins at home.

Thessaloniki’s Byzantine walls to shine with new light project

Thessaloniki’s iconic Byzantine Walls are set to be illuminated under a major cultural initiative announced by the Greek Ministry of Culture.

Greek World Heritage Cities face rising climate threats

Iconic Greek cities—Athens, Thessaloniki, Corfu, Rhodes, and Patmos—face serious climate threats, according to a new UNESCO-backed report.

Are apps like Duolingo enough to learn Greek, or do we need a tutor?

For many people who want to learn conversational Greek, an app, can be a very useful addition to your program.

You May Also Like

Greek community of NSW commemorate Athens Polytechnic Uprising anniversary

The 49th anniversary of the Athens Polytechnic Uprising was commemorated on Sunday, November 20 with a special event in Sydney.

‘The looting of public wealth’: Tsipras takes swipe at Mitsotakis government

SYRIZA leader and the main opposition to the current government, Alexis Tsipras has taken swipe at the Mitsotakis government.

Over 100 Greek Australians release statement against Golden Dawn ahead of trial verdict

A statement condemning the acts of neo-Nazi party, Golden Dawn, has been signed by Greek Australians from across the country.