Greek public revenues chief leaves early in his 5-year term, citing 'personal grounds'

Published January 08, 2015

Greece's first public revenues chief, whose job was created in 2012 at the insistence of bailout creditors, has stepped down citing "personal grounds," the country's finance ministry says.

A ministry statement Thursday said Harry Theoharis' resignation has been accepted. The software engineer resigned from the position a year and a half into his five-year term.

The resignation comes before a planned Cabinet reshuffle, expected within the next few days, following the conservative-led coalition government's weak showing in European parliamentary elections last month.

Establishing a secretary-general for public revenues in the finance ministry was one of the conditions set by Greece's creditors to continue releasing rescue loans. The position was intended to boost independent decision-making and address the country's poor record of inefficiency and political interference in tax administration.

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