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Stournaras

Greek Economy to Receive Enormous Boost From EU Recovery Plan

  The Greek economy will receive a major boost over the coming years from the historic European Union decision to create a recovery fund, titled the "Next Generation EU" plan, agreed upon earlier this month, according to Bank of Greece...

Bank of Greece Governor Stournaras Proposes Abolishment of Capital Controls

Υiannis Stournaras, the Governor of the Bank of Greece, revealed on Friday that he proposed to the new Prime Minister, Kyriakos Mitsotakis, the complete abolishment of capital controls in Greece. After his meeting with the PM at Maximos Mansion, Stournaras...

BoG Governor Stournaras: 'We Need To Shield The Greek Economy Against International Turmoil'

Bank of Greece (BoG) governor Yannis Stournaras in an interview with Greece's 'Parapolitika' newspaper on Saturday stressed the need to shield the Greek economy against international turmoil. "The international economic climate is not so friendly as some believe," Stournaras noted,...

Stournaras: IMF's Fiscal Forecasts Raise Many Questions

Bank of Greece governor Yiannis Stournaras said in a letter responding to the IMF’s report published on Monday -- which proposed among other measures, broadening the personal income tax base and rationalizing pension spending as well as reducing non-performing...

BoG Chief Says Lowering Primary Surplus to 2% From 3.5% Is 'Feasible'

The rise of populism, the anti-EU rhetoric, the refugee crisis, Brexit and the legacy of the Greek crisis are risks to the recovery of the country’s economy, Bank of Greece Governor Yiannis Stournaras said on Friday, while he reiterated...

Greek Central Bank Chief's Home Raided in Corruption Probe

The company offices of Stavroula Nikolopoulou - wife of Bank of Greece Governor Yannis Stournaras - were searched. The couple's home was also searched on Thursday following an order by Chief Corruption Prosecutor Eleni Raikou who is probing into...

Stournaras: Eurogroup Deal on May 24 Could See Lifting of Capital Controls

Bank of Greece Governor Yiannis Stournaras said that capital controls will be lifted if a deal is made at the Eurogroup on May 24. He said that an agreement between Greece and its creditors would herald an end to...

Greek FinMin Stournaras Heads to Eurogroup Meeting

Greek Finance Minister Giannis Stournaras will be attending todays Eurogroup meeting with a mission to assuage impatient EU Finance Ministers, ahead of the return of Troika officials. It is expected that Stournaras will use Greece's 2013  budget surplus as an example...

Second Wave of Mobility in EOPYY and Municipalities

The government board of administrative reform discussed the continuation of the mobility program, the acceleration of the evaluation process of private legal entities, and the issue of dismissals and the creation of more than 10,000 job positions. In Specific, the...

Lawsuits Against Papandreou and Stournaras

Τhe former member of Greece’s privatization fund has launched legal action against Finance Minister Yannis Stournaras, causing prosecutors to ask Parliament whether the economist’s ministerial immunity should be lifted. The case file, put together after ex-Hellenic Republic Asset Development Fund...