Gikas Hardouvelis
Economy
Millions of Euros from Criminal Activities Returned to the State
The proceeds of criminal activities against the Greek State, which roughly reach 33.8 million euros, have been deposited in a special Bank of Greece (BoG) account, based on figures presented on Tuesday to the parliamentary standing committee on economic affairs, by Greek...
Greece
Aikaterini Savvaidou Tapped for Public Revenues General Secretary
Greek Finance Minister Gikas Hardouvelis, as head of a five member committee, proposed Aikaterini Savvaidou to be appointed General Secreatary of Public Revenues following the recent resignation of Haris Theoharis. The Cabinet will make the final decision after examining the...
Greece
Greek Cabinet Shake-up Shakes Bloggers
Prime Minister Antonis Samaras reshuffled his cabinet for the second time in two years, naming a new finance minister, as he closed Parliament early for the summer break.
Economics professor and banker Gikas Hardouvelis will be the new Finance Minister,...
Economy
Greece will Complete Prior Actions Before August Break, FinMin Says
Greece will have met all 12 prior actions demanded by its adjustment program before the August summer holiday break, Greek Finance Minister Gikas Hardouvelis said in Luxembourg on Friday, after chairing the last ECOFIN council under Greece 's EU...
Economy
Eurogroup: Greek Debt Relief Under Three Conditions
Lowering the Greek debt may begin only if three conditions are met first, stated Eurogroup president Jeroen Dijsselbloem at the end of yesterday's meeting in Luxembourg.
The three conditions include completing the prior actions, achieving a primary surplus and assessing...
Economy
Greek Core Changes Denied by Eurogroup
A European Commission official has stated that only a fine tuning of pending issues will be accepted by Greece's international lenders, excluding any bigger changes to the country's fiscal consolidation program. He also added that there are still some...
Greece
Gikas Hardouvelis: From Humble Beginnings to the Hot Seat of the Ministry of Finance
Gikas Hardouvelis, the new Greek Minister of Finance who replaced the much-criticized Yannis Stournaras in the hot seat of the office, was born in a small village in Arkadia, Peloponnese, to a poor family. He went to primary school in...
Greece
Economist: The Greek Government Reshuffle and Early Elections
The Economist magazine published an article today, June 13, commenting on the Greek Prime Minister’s actions and the recent Greek government reshuffle, concluding that Antonis Samaras decided to put his best players in key cabinet member positions, in order to...
Economy
Outgoing Bank Chief Says Greece Needs Growth Now
Departing Bank of Greece Governor Giorgos Provopoulos said that the only way out of a lingering economic crisis for Greece now is growth, not just the austerity measures the government imposed, and that he backed, during a lingering economic...
Greece
Stournaras Named Bank of Greece Governor
Greece's former Finance Minister Yannis Stournaras on June 11 was appointed Governor of the Bank of Greece for the next six years, taking over from George Provopoulos, who had wanted to keep the job.
"It is announced that the General Council of...