Greece

Bank of Greece governor Yiannis Stournaras reiterated on Wednesday the need to conclude the second program review as a necessary condition for economic recovery, during a speech at an event of the Wharton Club of Greece in Athens, titled...

Bank of Greece governor Yiannis Stournaras said the Greek banking system is shielded from developments at Deutsche Bank and there is no reason for concern. The BoG governor made this statement following a meeting with Prime Minister Alexis Tsipras...

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...

Greece is very close to exiting the crisis as long it does not repeat past mistakes, Bank of Greece governor Yiannis Stournaras said in the bank's annual report released on Thursday. In the report, the central banker noted that the...

ATHENS - Moving fast to avoid a further crisis of confidence in his already shaky tri-partite coalition government, Greece's new Prime Minister Antonis Samaras has named economist Yiannis Stournaras as his Finance Minister to replace Bank of Greece President...

Υiannis Stournaras, the Governor of the Bank of Greece, revealed on Friday that he proposed to the new Prime Minister, Kyriakos Mitsotakis, the complete abolishment of capital controls in Greece. After his meeting with the PM at Maximos Mansion, Stournaras...

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 it would remain a challenge for the country. Greek banks are saddled with 103 billion euros...

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 with the chairman and CEO of Accenture Greece, Kyriakos Sabatakakis, Stournaras says: "Greeks working abroad...

"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 statement on his personal website after the Greek government announced the issuance of five-year state...

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 on Wednesday an Economist conference held in Frankfurt. "It is a unique progress without precedent in...

Bank of Greece governor Yiannis Stournaras said in a letter responding to the IMF’s report published on Monday -- which proposed among other measures, broadening the personal income tax base and rationalizing pension spending as well as reducing non-performing...

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 of the second review of the Greek program. On the occasion of the presentation of BoG's...

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...

Relations between the Bank of Greece (BoG) and the government were never soured, BoG Governor Yiannis Stournaras told journalists after a meeting with Prime Minister Alexis Tsipras on Saturday. Talks between the two focused on the Greek banking system and developments...

Bank of Greece Governor Yiannis Stournaras announced a proposal submitted to Greece's creditors on Monday by the Greek Ministry of Finance that calls for a loosening of capital controls. During a discussion on the Bank of Greece report on...