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Stournaras: NPL Sales Speedup Crucial for Greek Banks

Greek banks have shown progress in tackling a stockpile of non-performing loans, Bank of Greece governor Yannis Stournaras said on Friday, but added that...

Stournaras Blames Dysfunctional Institutions and Populism for the Crisis

Despite great progress, Greek institutions are lagging behind the rest of Europe, notes the Governor of the Bank of Greece, Yiannis Stournaras. In an interview...

Varoufakis: Greek PM Should Apologize to Samaras, Stournaras

"The prime minister should apologize to Messrs. Samaras and Stournaras, or stop these offensive celebrations," former Greek finance minister Yanis Varoufakis said. Varoufakis issued a...

BoG Governor Stournaras: Debt Settlement a Prerequisite for Recovery

Bank of Greece governor Yiannis Stournaras underlined the significant progress of the Greek economy since 2010 and the correction of the imbalances. Stournaras was addressing...

Stournaras: Greece Needs to Urgently Address Non-Performing Loans

About one in six businesses in Greece are late in payments, Bank of Greece Governor Yannis Stournaras said on Thursday, addressing an audience at...

BoG Governor Stournaras’ Spouse Files Law Suit Against Vaxevanis for Defamation

Journalist and publisher Costas Vaxevanis turned himself in to Greek police on Monday after Stavroula Nikolopoulou, spouse of BoG Governor Yannis Stournaras, filed a...

BoG Governor Stournaras Warns: Delays in Evaluation Adversely Affects Greek Economy

Governor of the Bank of Greece Yannis Stournaras has once again requested the immediate completion of the second evaluation, warning that delays bring into...

BoG Governor Stournaras Stresses Need to Swiftly Conclude Programme Review

We have to persuade our partners to reduce primary surplus targets from 3.5 percent to 2 percent until 2021, Bank of Greece (BoG) governor...

Stournaras: IMF’s Fiscal Forecasts Raise Many Questions

Bank of Greece governor Yiannis Stournaras said in a letter responding to the IMF’s report published on Monday -- which proposed among other measures,...

BoG’s Yiannis Stournaras Reiterates Need to Swiftly Conclude Second Program Review

Bank of Greece governor Yiannis Stournaras reiterated on Wednesday the need to conclude the second program review as a necessary condition for economic recovery,...

Stournaras Warns of Penalties for Banks With Non-performing Loan Exposures

Bank of Greece's Yannis Stournaras has issued a stern warning to banks over non-performing loan (NPLs) exposures. On Monday a published interview with the Financial...

BoG Chief Stournaras Says ‘Progress Recorded in the Greek Economy Should Not Be Intercepted’

On Friday the Bank of Greece's (BoG) governor, Yiannis Stournaras, made an intervention on the government's negotiation with the country's lenders within the context...

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