Background
Born in Canada to ethnic Greek parents in 1963, Sachinidis grew up in Larisa.
Born in Canada to ethnic Greek parents in 1963, Sachinidis grew up in Larisa.
He studied Economics at the University of Piraeus and received his Masters degree from City College of New New York He also studied at the University of Manchester in the United Kingdom earning a teaching diploma in 1994.
In 2012, he briefly served as Minister of Finance in the Coalition Cabinet of Lucas Papademos. Sachinidis was an economist for the National Bank of Greece and served as an economic advisor to Greek Prime Minister Costas Simitis in 2000-2004. He was reelected in 2009.
He was made Associate Minister of Finance under Evangelos Venizelos in 2009 and on June 17, 2011, Sachinidis was appointed Deputy Minister of Finance.
When Venizelos resigned on March 21, 2012, Sachinidis became Minister of Finance under Prime Minister Lucas Papademos serving until May 17, 2012. On 3 January 2015, it was announced that Sachinidis would join former prime minister Papandreou in leaving Panellinion Socialistikon Kinema (Panhellenic Socialist Movement) to found the new Movement of Democratic Socialists.
Sachinidis and George Petalotis were appointed the media representatives of the new party.
In 2007, Sachinidis was elected on the list of the Panhellenic Socialist Movement (Panellinion Socialistikon Kinema (Panhellenic Socialist Movement)) to represent the Larissa constituency in the Hellenic Parliament.
Elected on the list of his former party Panellinion Socialistikon Kinema (Panhellenic Socialist Movement), he is a current Member of the Hellenic Parliament.