The new government scheme has been announced late on Monday evening, after a sweeping reshuffle that brings major changes to key-ministries. Following extensive rumours about a multitude of potential candidates, Professor Gikas Hardouvelis was the one appointed head of the Finance Ministry. As for the former Finance Minister Yannis Stournaras, unverified press reports widely spread, place him as the next governor of the (central) Bank of Greece.     

Evangelos Venizelos, the leader of the junior government coalition partner PASOK, retains his major role as Government Vice-President and Foreign Minister. The ministers who also retain their portfolios are, Dimitris Avramopoulos (Defence Minister), Miltiadis Varvitsiotis (Shipping & Aegean Minister) and Olga Kefalogianni (Tourism Minister), unlike to other prominent members of the government who lost theirs, such us Adonis Georgiadis (former Health Minister), Constantinos Arvanitopoulos (former Education and Religious Affairs Minister), Yiannis Michelakis (former Interior Minister), Costis Hatzidakis (former Development & Competitiveness Minister), Panos Panayiotopoulos (former Culture and Sports Minister), Athanassios Tsaftaris (former Rural Development and Food Minister) and Simos Kedikoglou (former Government Spokesman and Deputy Minister to the Prime Minister).

The new members of government will be sworn in by the Archbishop of Athens and All Greece Ieronymos before the Greek President Karolos Papoulias, today at 15:30 at a ceremony to also be attended by the Premier Antonis Samaras.