Yannis Stournaras
Stournaras: Greece weighted down by dysfunctional institutions
Despite signs of improvement, society in Greece is weighted down by dysfunctional institutions which undermine excellence, Bank of Greece governor Yannis Stournaras has said.
Commissioner Moscovici to meet Greek officials in Athens
European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici is scheduled to hold a series of meting with Greek officials in Athens, during his visit to Athens on Tuesday, July 25.
Stournaras says bonds can wait
Bank of Greece Governor Yannis Stournaras has distanced himself from the government's plan for an immediate return to the bond markets, arguing on Tuesday that it is "rather early" and saying that two or three landmark privatizations must be completed first to regain investor confidence.
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ESM disburses € 7.7bn to Greece
The European Stability Mechanism (ESM) disbursed the € 7.7 billion tranche to Greece, Monday. The amount was deposited in the Bank of Greece’s (BoG) special treasury account. € 6.9 billion will be used to service the country’s debt, with the remaining 800 million going to overdue public debts to the private sector.
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Ex-parliament speaker files lawsuits over not seeking war reparations
Former parliamentary speaker Zoe Constantopoulou, who broke away from SYRIZA in 2015 and formed her own far-left party, is taking legal action against President Prokopis Pavlopoulos, Prime Minister Alexis Tsipras and Bank of Greece Governor Yannis Stournaras for purportedly not seeking war reparations from Germany.
Stournaras: Greece cannot withstand another year of uncertainty
Bank of Greece governor Yannis Stournaras has called for international creditors to provide more detail on the debt relief they will provide the country, while calling for lower primary budget surplus targets.
"The Greek economy cannot withstand another year of uncertainty," Stournaras told the Economist conference in Frankfurt on Wednesday.
Tsakalotos, Stournaras at Frankfurt conference
Finance Minister Euclid Tsakalotos will be the keynote speaker at an Economist conference in Frankfurt on Wednesday titled "Greece: A Comeback to the Financial Markets?"
Also addressing the conference will be Alternate Economy Minister Alexis Haritsis, Bank of Greece Governor Yannis Stournaras and his fellow ECB Executive Board member Benoit Coeure.
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Greek Central Banker: Greece has done everything required and its partners must now do their part
Greece has done everything it was required to do and it is now the turn of Greece’s partners, especially the Eurogroup, to assume their responsibilities, Bank of Greece governor Yannis Stournaras said in an article published by the Greek newspaper “Kathimerini” on Sunday.
Do the Europeans want to squeeze out Tsipras?
For Greece, last week was a bad week. First, the government could not secure an agreement on a relief of its huge debt in a meeting with finance ministers of the Eurozone and the IMF on May 22.
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Stournaras calls for ease in debt and in fiscal targets
Greece's foreign lenders should grant it further debt relief and lower its primary surplus targets after 2020 to help it qualify for inclusion in the European Central Bank's asset-buying program, central bank chief Yannis Stournaras said on Thursday.