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Yiannis Stournaras

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...

Climate Change will Cost Greece €700 Bln by 2100, BoG Chief says

Climate change will cost the Greek economy €701 billion cumulatively by 2100, Bank of Greece governor Yiannis Stournaras said on Monday during a conference on sustainable development. According to an analysis that quantifies and classifies the expected climatic risks for...

Greece has 'a Long Way to Go' after Bailout, Bank of Greece Chief says

Greece still has "a long way to go," said Bank of Greece Governor Yiannis Stournaras in light of Monday's official end of the country's third bailout program. In an interview with Kathimerini newspaper Sunday edition said that there are still...

Bank of Greece Governor: Country Must Continue with Reforms

"The markets are waiting to see whether Greece will honor its commitments regarding the implementation of additional measures after the (bailout) program ends on August 20," said Bank of Greece Governor Yiannis Stournaras. Stournaras spoke to the Financial Times saying...

Bank of Greece Head Says Post-Bailout Credit Line Needed

There is a need for a precautionary credit line for Greece after the end of the bailout program in August, said Bank of Greece Governor Yiannis Stournaras on Wednesday. Speaking at an event organized by Greek graduates of the London...

Bank of Greece Chief Insists on Precautionaly Credit Line after Bailout Program

Bank of Greece governor Yiannis Stournaras on Saturday stressed the need for a precautionary credit line after the end of the European Stability Mechanism (ESM) bailout program on August 20. Stournaras spoke at the World Economic Forum in Delphi, saying...

Bank of Greece Chief: They Try to Destroy Me

"They try to destroy me with obvious lies and anonymous witnesses," said Bank of Greece Governor Yiannis Stournaras after allegations of his involvement in the Novartis scandal. Stournaras said that there is an orchestrated effort to remove him from his...

Governor of Bank of Greece Calls for Swift Conclusion of Bailout Review

The Greek government and foreign lenders must intensify efforts to swiftly conclude a review of the country's compliance with fiscal targets and reforms under its current bailout, governor of Greece's central bank Yiannis Stournaras said. Inspectors from the country's creditors,...

Stournaras Blames Dysfunctional Institutions and Populism for the Crisis

Despite great progress, Greek institutions are lagging behind the rest of Europe, notes the Governor of the Bank of Greece, Yiannis Stournaras. In an interview with the chairman and CEO of Accenture Greece, Kyriakos Sabatakakis, Stournaras says: "Greeks working abroad...

Varoufakis: Greek PM Should Apologize to Samaras, Stournaras

"The prime minister should apologize to Messrs. Samaras and Stournaras, or stop these offensive celebrations," former Greek finance minister Yanis Varoufakis said. Varoufakis issued a statement on his personal website after the Greek government announced the issuance of five-year state...