Greece
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Giorgos Provopoulos

Former BoG President: Greece Never Had a Bailout Plan

Former Bank of Greece president Giorgos Provopoulos said in a television interview that Greece had no clear bailout plan from the beginning and that in 2012 there was a "plan B in case of a bank panic." Provopoulos said that...

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...

Tsipras Tells ECB's Draghi Greece Needs Debt Cut

The head of Greece's major opposition Coalition of the Radical Left (SYRIZA) party Alexis Tsipras told European Central Bank President Mario Draghi the country can't afford to pay back what it owes international lenders - including the bank. Tsipras said...

Rivals Ridicule Samaras Cabinet Shakeup

Greek Prime Minister Antonis Samaras' revamped Cabinet, which still includes most of the familiar faces of his ruling New Democracy Conservatives and partner the PASOK Socialists, was dismissed by his rivals as a desperate attempt to regain standing after...

All The Names Of The (Partially) New Greek Government

Greek Prime Minister kept most of his Cabinet intact on June 9, but shook it up a bit in the wake of his New Democracy Conservatives taking a beating in the European Parliament elections to the major opposition Coalition...

Samaras Shakes It Up, Hardouvelis New Finance Chief

Greek Prime Minister Antonis Samaras, his New Democracy Conservatives still reeling from being beaten in the European Parliament elections by the major opposition Coalition of the Radical Left (SYRIZA), made changes in his Cabinet on June 9, with the...

Samaras Ponders Stournaras Replacement

As Greek Prime Minister Antonis Samaras prepares for a Cabinet shakeup in the wake of a second-place finish for his New Democracy Conservatives in the European Parliament elections, at the top of the list is who will replace Yannis...

BoG Governor Talks About Success of Greek Reforms

Governor of the Bank of Greece Giorgos Provopoulos argued in a Wall Street Journal article Monday that the implemented reforms in Greece have produced results, while underlining that the biggest challenges for the country are complacency and reform fatigue. In...

Negotiations Expected to Continue to Clean Monday

The negotiations between the officials of the Greek Finance Ministry and troika are currently underway and are expected to be continued during the weekend and Clean Monday.  The Greek officials are thoroughly examining all the dates related to the...

Political Rivals Condemn Terrorist Threats

Setting aside their political differences, Greece's bitterly-divided parties have condemned what was called a terrorist act, the sending of bullets in the mail to the country’s central banker and a prominent journalist. Central Bank Governor Giorgos Provopoulos received an envelope...