Greece

Greece's Prime Minister Alexis Tsipras, in an opening statement at SYRIZA's central committee on Saturday, said that ''it is best for all of us who have responsibilities for this country to learn to work harder, be more effective and...

High tax rates are a danger to economic activity in the country, Yannis Stournaras, the Bank of Greece's governor said on Tuesday. In a speech at the Greek Shipowners' Union, the central banker said that, despite positive estimates over the...

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 Yannis Stournaras on Saturday said at the Delphi Economic Forum. He explained that this would allow...

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 Times quotes Stournaras issuing a warning to banks who are unsuccessful at lowering their NPLs saying...

Bank of Greece Governor Yannis Stournaras said on Tuesday that Greece must wait for a second review of economic progress before tapping into financial markets.There is a long wait before this can happen," he said, addressing Greek lawmakers. "It...

Bank of Greece Governor Yiannis Stournaras said that capital controls will be lifted if a deal is made at the Eurogroup on May 24. He said that an agreement between Greece and its creditors would herald an end to...

The debate on the reduction of Greece’s public debt is likely to start the International Monetary Fund’s (IMF) spring meeting on April 15, the country’s central banker Yiannis Stournaras said in an interview with Italian paper “Il Sole 24...

The Governor of Bank of Greece (BoG) and former Finance Minister Giannis Stournaras appeared confident today that the Greek banks' liquidity is absolutely guaranteed and that the deposits are completely secured. In a meeting with the SYRIZA-led government Vice President,...

Greek Finance Minister Giannis Stournaras will be attending todays Eurogroup meeting with a mission to assuage impatient EU Finance Ministers, ahead of the return of Troika officials. It is expected that Stournaras will use Greece's 2013  budget surplus as an example...

After the meeting between the Heads of the Ministry of Finance and Troika representatives, a government official mentioned that the Greek government, along with Troika, is attempting to close as many open subjects as possible until the beginning of...

Greek Prime Minister Kyriakos Mitsotakis made a surprising announcement of a complete lifting of all capital controls in Greece on Monday afternoon. The stunning news came as a result of Greece's growing economic stability, only one year after the country...

In a meeting on Friday, the Bank of Greece (BoG) along with Greek government representatives agreed to give businesses a breath of air. Many imports to Greece have been held up as Greek businesses have been unable to pay them due...

Greece's outspoken Finance Minister Yanis Varoufakis is expected to meet with United States President Barack Obama on Thursday, his ministry said. The Greek Finance Minister is currently in Washington participating in the Spring Meetings of the World Bank Group and the International Monetary Fund...

Bank of Greece (BoG) Governor and former Finance Minister Giannis Stournaras has warned the Greek government that a final agreement with the country's loan partners should soon be reached in order to avoid a frightful setback to the country's economic...

Towards the emergency issuing of Greek treasury bills is directed the Finance Ministry in order to secure some 4.5 billion euros for the country’s government, which in the first quarter of 2015 needs to cover the payment of interest...