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Governor of Bank of Greece Calls for Swift Conclusion of Bailout Review

The Greek government and foreign lenders must intensify efforts to swiftly conclude a review of the country's compliance with fiscal targets and reforms under...

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...

Varoufakis Exposes Tsipras’ Plans, While Still in Opposition

"The first thing I will do as prime minister is to demand Stοurnaras' resignation. If need be, I will drag him screaming from the...

Greek Central Bank Warns of a New MoU in 2018; Lowers Growth Estimate

The Governor of the Bank of Greece Yiannis Stournaras, warned of the possibility of a new Memorandum of Understanding (MOU) with the country’s creditors...

“Clarity” on Greece’s Debt Still Not that Clear: The Economist Conference (Videos)

Representatives of the Greek government, the Institutions and private investors all agreed that clarity is essential for Greece's economic recovery; however the term seems to...

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...

BoG Chief: Greece’s Pension System Is Bankrupt, Reforms Necessary

Greece's current pension system is bankrupt and in need of reforms, such as raising the age of retirement to 70, said Bank of Greece...

BoG: Greek Economy Could Grow by 2.5% in 2017

The Greek economy could grow by 2.5 % this year on conditions, the Bank of Greece said in its Annual Report, presented by governor...

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,...

EU-IMF Disagreement Puts Greek Economy at Risk, BoG Chief Says

The "serious disagreement between the IMF and European institutions" puts the chances of Greece's economic recovery at risk, said Bank of Greece governor Yiannis...

Yiannis Stournaras Says Greek Banking System Shielded and Views Greek Economy as Positive

Bank of Greece governor Yiannis Stournaras said the Greek banking system is shielded from developments at Deutsche Bank and there is no reason for...

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