Greece is on the threshold of regaining investment grade after 12 years, declared the Governor of the Bank of Greece Giannis Stournaras to the Financial Times, while calling on the country's next government to maintain fiscal prudence.

Yesterday, Yannis Stournaras was approved as the new National Bank of governor by the Parliament's Committee on State-Owned Enterprises, Banks and Public Utility Enterprises and Social Security Agencies.

Former Greek Finance Minister Yannis Stournaras has been formally named as the National Bank of Greece's new governor.