Yannis Stournaras

The Economist magazine reported on troika's upcoming return to Greece. Entitled 'The Troika is Coming: Greece's new government is scrambling to find more spending cuts," the editor comments that "Greece tried but failed to find €11.5 billion of spending cuts demanded...

The chief executive of Greece΄s privatization agency, Costas Mitropoulos, has resigned, two government officials told Reuters. The new conservative-led government has made reviving the long-delayed privatization drive a key part of its efforts to turn around the recession-hit economy, but...

Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the country safely in the eurozone, AFP reports. After three days of tense parliamentary debate, 179 lawmakers...

Two of the world's biggest economies - China and the 17-nation euro currency bloc - are cutting key lending rates in a new effort to boost their flagging economic fortunes. The Chinese central bank Thursday cut its benchmark lending rate...

Greece has given up on a plan to modify the terms of its bailout agreement until the government passes more reforms, the Financial Times reports. Greek finance minister, Yannis Stournaras, said the governing coalition would have to accelerate reforms before...

Greece's economy will shrink 5 percent this year and unemployment will hit 20 percent, hampering efforts to meet fiscal targets, the country's most prestigious think tank (IOBE) said in its quarterly review on Monday. The Foundation for Economic and Industrial...