Yannis Stournaras
Economy
Greece Will Tell Troika: No Public Firings
Inspectors from Greece's international lenders who returned to Athens on March 3 to assess progress on reforms to meet fiscal targets are going to be told that the government will not begin firing of public workers as ordered because...
Greece
Greece Fears Troika Wants Fast Firings
Inspectors from the Troika of Greece's international lenders will return to Athens next week as the uneasy coalition governments they will demand a picked-up pace of layoffs and firings to reduce the public workforce by 25,000 this year.
Worried about...
Economy
Illegal Fuel Trade Moves to Ships
A leveling of Greece's special consumption tax on diesel with that of heating oil hasn't stopped illegal fuel trading and government officials are now concerned that's moving to the shipping industry as well and are planning steps to...
Economy
Greek Lawmakers OK Law to Unlock Aid
Greek lawmakers have approved a series of long-delayed reforms demanded by international creditors, taking the country a step closer to securing its next multi-billion euro aid installment. Eurozone countries and the International Monetary Fund insisted Greece approve the steps...
Economy
Stournaras Says No More Heating Oil Help
With temperatures falling and many Greeks unable to afford heating oil because of huge tax increases on the fuel, Finance Minister Yiannis Stournaras said the government can't afford to provide more oil subsidies to help the poor and told...
Economy
Stournaras Says Greek Default Still Possible
Despite an incoming influx of 54.5 billion euros ($69 billion) in more rescue loans from international lenders as part of a second bailout of 130 billion euros ($173 billion) Greek Finance Minister Yannis Stournaras said there's still a chance...
Economy
Stournaras Sees Greek Recovery Late 2013
Greece's economy recession is expected to continue for a sixth straight year in 2013, but there may be signs of growth after the second half of the following year, the country's finance minister said Saturday in a Greek newspaper.
"After...
Economy
Greece Wants Jail Time for Tax Cheats
Greece's government plans to push for a tougher stance against tax dodgers - including jail - in the new tax bill to be tabled at the parliament next week, Greek Finance Minister Yannis Stournaras said on Dec. 5.
The draft...
Economy
Samaras Rules Out Top Tax Rate on Middle Incomes
Greek Prime Minister Antonis Samaras on Tuesday dismissed talk his government would slap a top tax rate on middle incomes in an effort to bridge a rift in his ruling coalition over a tax reform bill demanded by the...
Economy
Stournaras Says EU/IMF Lenders Refuse to Concede on Reforms
Greece's foreign lenders have refused to make any further concessions on changes to labour laws contested by a junior coalition partner, the country's finance minister said on Sunday, prolonging an impasse on a crucial austerity package.
Athens has been locked...


