yannis stournaras

Inflation in Europe will be around 5.5% in 2023, significantly lower than today which is around 10%, Bank of Greece governor says in pod-cast with OT.

The lessons gleaned from the pandemic will be a valuable guide for the new German chancellor in bolstering the health system, restoring the role of the state, and revising the content of work.

Apparently alluding to Mitsotakis’ stated hope of persuading creditors to lower the primary surplus target, he said that Greece needs more fiscal space in order to implement structural reforms and achieve a higher growth rate.

The warnings that the Bank of Greece issues due to its institutional role should be viewed as necessary, and not as hostile acts as the government viewed them over the last four years.

The central banker’s assessment reminds one that the economy has not yet turned a page and that it has not been shielded from dangers.

It is irrational in the current conditions of stagnation and continuing crisis for public investment to be constantly dropping.

To Vima on Sunday reported yesterday that Corruption Prosecutor Eleni Touloupaki (photo) has told the Judicial Council that she expects the case to be wrapped up within the next six months.

'The competent authorities of the Single Supervisory Mechanism (SSM) is a matter of continuous concern to the European Central Bank (ECB), which stands ready to react decisively against threats to independence,' SSM's Andreas Enri replied to MEP Eva Kaili

Polakis threatened the country’s central banker that he would stage a sit-in in his office if he did not order a probe of other loans take out by other politicians and political parties.

A detailed transcript of the conversation was published by the pro-government newspaper and website Documento, but Polakis later denied that he had recorded it.

Major international media reported on Alternate Health Minister Pavlos Polakis’ behaviour towards Bank of Greece Governor Yannis Stournaras.

Alternate Health Minister Pavlos Polakis, who loses no opportunity to target his opponents and their families, and who is continuing a legal battle against a deceased journalist, now is playing the slighted and targeted victim.

Polakis placed the call in order to discuss reports that the Bank of Greece was to probe a 100,000-euro loan that was issued to him by the Attica Bank.

In the recorded conversation, Polakis demands that Stournaras also probe the loans of political parties and of other politicians.

Bank of Greece Governor Yannis Stournaras today submitted to Parliament Speaker Nikos Voutsis the Bank's Interim Report on Monetary Policy.

Something inconceivable is happening: The finance minister is on a road show in Hong Kong to lure investment, and the prime minister brushes off the central banker, and indeed unleashes targeted attacks against him.

The problems of the banking sector cannot be handled by waging a continual war with the Bank of Greece, the country’s central bank, and its governor, Yannis Stournaras.

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