Yannis Stournaras

Stournaras to face panel on Siemens, but not on Monday

Bank of Greece Governor Yannis Stournaras is willing to appear before Parliament?s institutions committee following the panel?s decision to summon him to testify in connection with the Siemens cash-for-contracts scandal but not on Monday, as requested, because emergency talks on Greece will require him to be on standby, sources close to Stournaras indicated over the weekend.

Another hike, worth 3.3 bln euros, in ECB’s liquidity assistance towards Greek banking system

The European Central Bank (ECB) continued its beneficial “Lone Ranger-like” role vis-a-vis Greece on Friday by again raising the ceiling on its Emergency Liquidity Assistance (ELA) for Greece’s banks by 3.3 billion euros.

SYRIZA's Makri takes legal action against Stournaras for Grexit threat

Outspoken SYRIZA MP Rachil Makri on Thursday took legal action against Bank of Greece Governor Yannis Stournaras, accusing the banking chief of ?possible malice? as regards his monetary policy report on Wednesday, which warned of a likely Greek exit from the eurozone in the event that the government fails to reach a deal with the country?s creditors.

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