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Panagiotis Liargovas

Parliament Budget Head: Either Home Auctions Resume, or a Bail-in is Coming

A set of highly alarming predictions about the future of the Greek banking system were revealed today by the outgoing Parliament Budget Office head, Panagiotis Liargovas. In an interview with Skai TV, the economist; whose term in the Parliament Budget...

Head of Parliamentary Budget Office Ends Term Predicting Austerity in 2018

The term of Greece's Parliamentary Budget Office chief Panagiotis Liargovas will not be renewed; His last draft on the 2018 budget predicts a year of austerity. Based on last year's figures, the 2018 budget generates concerns, the report says, while at...

Parliament Budget Office Warns about Premature Optimism over Greek Economy

Speaking in the House today, the head of Parliament's Budget Office warned the government not to create great expectations concerning both the exit from the Greek bailout programme and the growth of the Greek economy. Panagiotis Liargovas said that a...

Budget Office Chief: Eurogroup Decision Positive, but Road Towards Agreement Is Long

Eurogroup’s decision to approve the return of the mission chiefs in Athens is a positive development but the road towards the final agreement is long and unclear, the head of the parliament’s Budget Office, Panagiotis Liargovas, said on Wednesday. "The...

Greek Budget Office: Automatic Contingency Triggers Unavoidable Without Institutional Changes

A development plan is necessary for Greece if it is to avoid veering away from its targets, thus setting the automatic the contingency mechanism into effect. Greek Parliament's Budget Office Coordinator Panagiotis Liargovas said that political stability is one...

Greece Needs Nominal Debt Haircut to Recover, Head of Parliament's State Budget Office Says

Greece's debt as a proportion of GDP was double the average in Europe and a sign of the Greek economy's failure, as well as indicating that the country needs a reduction of its nominal debt in order to recover,...

Head of Parliament's Budget Office Testifies in Bailouts Probe, Sees 'Memorandums' Until 2018

Greece will most likely remain under "memorandum" regimes until at least 2018 unless there is an "honest agreement" with its creditors, the head of the Greek Parliament's Budget Office Panagiotis Liargovas said on Tuesday. He was testifying in an...