Yannis Stournaras
Greece months away from investment-grade rating, central banker tells FT
Greece is close to regaining its investment-grade credit rating in 2023, after 12 years of relegation to junk status, the Financial Times reported on Tuesday.
"We think that 2023 is the year will get the investment grade," Greek central bank chief Yannis Stournaras said in an interview with the paper, urging the country's next government to maintain fiscal prudence.
ESM calls for prudence and reforms
Greece needs to follow prudent fiscal policy and continue reforms in order to ensure the confidence of the markets, Pierre Gramegna, the new executive director of the European Stability Mechanism (ESM), pointed out on Thursday following his meeting in Athens with Finance Minister Christos Staikouras.
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Stournaras meets with SSM’s Enria to discuss Greek banks
Bank of Greece Governor Yannis Stournaras met on Thursday with Andrea Enria, chair of the Supervisory Board of the European Central Bank's Single Supervisory Mechanism (SSM).
Enria met with Stournaras and other members of the Bank of Greece's administration, as well as with representatives of the managements of Greek banks and the Hellenic Bank Association.
Don’t rock the boat, says Stournaras
Central banker Yannis Stournaras issued a fresh message to the government and the opposition to preserve fiscal stability ahead of the elections, so as not to jeopardize the country's course back to investment grade, and another to the social partners to prevent the creation of an upward price-wage spiral.
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Election risk looms over Greek economy
The election risk is perhaps the greatest challenge for the course of Greek economy, fiscal stability and the conquest of investment grade, in a year when international uncertainties are running high.
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BoG gov. Stournaras optimistic over defeating the monster of inflation by 2024 end
Bank of Greece governor Yannis Stournaras sees inflation in the Eurozone peaking this year, predicting a further decline in 2023 before retreating to near the ECB's 2% target next year. As he characteristically stated: "I am optimistic that the monster of inflation will have been defeated by the end of 2024″
Stournaras – GDP growth will exceed 6%
Greece's pandemic-battered economy will bounce back even more quickly than its government projects and could return to pre-crisis levels this year, according to Bank of Greece Governor Yannis Stournaras.
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Christos Pappas: The parliamentary works and days of the man who was on the lam until yesterday
By Nikos Hasapopoulos
Christos Pappas of the now defunct far-right Golden Dawn party was no run of the mill cadre of former party leader Nikos Michaloliakos.
He was the self-styled "theoretician" of the group. Even "his own" people referred to him as [top Nazi Hermann] Goering and his parliamentary presence was marked by his outrageous audacity.
Stournaras expects 5.5 bln from EU funds this year
Advance payments from a European Union recovery fund will finance investments worth 3.3% of the country's gross domestic product (around 5.5 billion euros) this year, Bank of Greece Governor Yannis Stournaras said on Wednesday while also calling on Greek banks to make additional provisions to cover an expected new wave of nonperforming loans.
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BoG head warns of new NPLs up to €10 bln
The burden of new nonperforming loans on Greek banks after the pandemic crisis is expected to come to 8-10 billion euros, relatively greater compared to that faced by other European credit institutions, Bank of Greece Governor Yannis Stournaras said on Friday.
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