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Yannis Dragasakis

Dragasakis: Bank of Greece is Independent But not Unaccountable

The Bank of Greece is independent but not unaccountable, Government Vice-president Yannis Dragasakis said on Friday. The VP was responding to statements made by central banker Yannis Stournaras who said that the pension system in Greece is still generous...

Yannis Dragasakis: Course of Public Finances in 2016 Will be Better than Expected

Government Vice President Yiannis Dragasakis estimated that the course of the public finances in 2016 will be better than expected, at an interview to "Kokkino 105.5" radio on Tuesday. Asked on the course of the negotiations with the institutions and...

Early Elections on Horizon for Greece?

With Greece in the grip of mass protests against the government’s plans for an overhaul of the country’s pension system and additional austerity measures, the prospect of early elections looms on the horizon. Greece’s controversial Minister of Defense Panos Kammenos...

Bill on Greek Bank Recapitalization to be Voted on By Sunday

A draft bill on the recapitalization of Greek banks will be voted on by Sunday so that the actual process can start on Monday, government Vice-President Yannis Dragasakis said in a statement on Thursday. The bill was tabled in Greek...

Greek Government to Accelerate Procedures for Bank Recapitalization

The Greek government is determined to accelerate procedures towards bank recapitalization and ensure that problems which appeared during similar procedures in the past will be avoided. The goals and terms of a recapitalization process was at the epicenter of an...

Greek Gov’t VP: ‘We’re Almost Ready for a Deal’

Negotiations with Greece’s lenders are continuing normally and the Greek government is almost ready for an agreement, Government Vice President Yannis Dragasakis told journalists on Friday, after the meeting of the government council for economic policy. Asked whether there are...