stournaras

The government has repeatedly underlined that the plan aims to reduce the percentage of NPEs (non-performing exposures) to a single-digit number by 2022 at latest.

The governor of the Bank of Greece said that the country's GDP will be boosted by 1.9 pct each year from the use of the 30.2 billion euros of EU funds earmarked for Greece.

Certain political forces must understand at long last the role of the Central Bank, the degree of independence from political power that it enjoys, and to whom it must offer an accounting.

Yannis Stournaras is in constant contact with the ECB in Frankfurt as part of an effort to make sure 10bn euros are available to prop up Greek banks.

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Central Bank of Greece chief Yannis Stournaras outlined the outlook and dangers for the Greek economy in the future in an address to the Second EU-Arab World Summit entitled “The Greek economy: the prospects and the main challenges.

The Governor of the Bank of Greece and former Minister of Finance Yannis Stournaras...