Yannis Stournaras

Greece’s program of reforms has brought results, the member of the executive board of the European Central Bank (ECB) Jörg Asmussen stated after his meeting in Frankfurt, Germany, with the leader of Coalition of the Radical Left (SYRIZA) Alexis...

Greek Finance Minister Yannis Stournaras, who is upbeat about the chances for a recovery and a return to the markets next year, has denied that Greece is being pressed by its international lenders to adopt more fiscal consolidation...

Despite wildly varying estimates of whether Greece needs additional aid or is recovering, the country's economic condition was not on the agenda of talks between Eurozone ministers in Lithuania on Sept. 13, the bloc's chairman, Jeroen Dijsselbloem said. He...

Greece's hopes to overhaul its notoriously inept and inefficient defense firms, as well as a mining company, were shot down by its international lenders who say the companies are so bad off they should just be shut down, although...

Hoping to rebound from more than three years of submission to demands from international lenders, Greece is hoping to achieve a primary surplus and then use that position as a bargaining chip to negotiate with the Troika of the...

Shooting down a suggestion from the country's international lenders that the country's lagging privatization program be put into the hands of a private, foreign agency to get it going, Greek Prime Minister Antonis Samaras categorically ruled it out. That...

Greek Prime Minister and New Democracy Conservative leader Antonis Samaras and his Deputy PM/Foreign Minister,  PASOK Socialist leader Evangelos Venizelos, said after a meeting that they would prefer a diplomatic solution to Syria's ongoing civil war instead of a...

Apparently agitated, Greek Finance Minister Yannis Stournaras on Aug. 29 condemned speculators he said were getting rich by betting against Greece, saying they just wanted to capitalize on failure, although he intimated they had unwilling accomplices in "willing idiots"...

European Union Economic and Monetary Affairs Commissioner Olli Rehn said it’s too early to judge how much extra money Greece will need to plug an emerging hole in its 240 billion-euro rescue program. Rehn said the so-called troika representing creditors...

Successive meetings for the future of Greece’s two defense industries, EAS and ELVO, were held on Aug. 27, led by Finance Minister Yannis Stournaras. Time is limited, and decisions about what happens to the companies have to be taken by...