Tag: Stournaras

BoG Gov. Stournaras: Precautionary credit line not a new memorandum
GREECE
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GREECE
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BoG Gov. Stournaras: Precautionary credit line not a new memorandum

Panos - Apr 19, 2018

Bank of Greece (BoG) Gov. Yannis Stournaras on Wednesday warned that if a precautionary credit line is not desirable after the current bailout ends in August –…

BoG Gov. Stournaras again calls for precautionary credit line after bailout ends in Aug.
FINANCE
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FINANCE
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BoG Gov. Stournaras again calls for precautionary credit line after bailout ends in Aug.

Panos - Feb 13, 2018

Influential Bank of Greece (BoG) Gov. Yannis Stournaras on Monday repeated his position that a precautionary credit line would assist the Greek economy after the end of…

Reuters: Greek banks plan record sale of bad loans as pressure mounts
FINANCE
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FINANCE
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Reuters: Greek banks plan record sale of bad loans as pressure mounts

Panos - Oct 20, 2017

Three of Greece’s largest lenders plan to sell up to 5.5 billion euros ($6.5 billion) in bad loans by early next year, sources said, as the country’s…

BoG’s Stournaras: Accelerate efforts to conclude third review; mandated reforms
FINANCE
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FINANCE
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BoG’s Stournaras: Accelerate efforts to conclude third review; mandated reforms

Panos - Oct 17, 2017

Bank of Greece (BoG) Gov. Yannis Stournaras on Monday again cited the need for an intensification of efforts to conclude the third review of the ongoing bailout…

BoG Gov. Stournaras: Greek economy recoverying, no room for complacency
FINANCE
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FINANCE
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BoG Gov. Stournaras: Greek economy recoverying, no room for complacency

Panos - Sep 29, 2017

Bank of Greece (BoG) Gov. Yannis Stournaras spoke at an event hosted by the British Hellenic Chamber of Commerce in Athens on Thursday evening, detailing what he…

BoG: Clear risk to the economy from the endless negotiations
FINANCE
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FINANCE
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BoG: Clear risk to the economy from the endless negotiations

makis - Mar 27, 2017

Central banker Yannis Stournaras warned on Monday of the risk of a full reversal of the economy’s course as the delays in the completion of the bailout…

“Debt sustainability and more realistic fiscal targets”
FINANCE
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FINANCE
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“Debt sustainability and more realistic fiscal targets”

makis - Dec 05, 2016

The Governor of the Bank of Greece Yannis Stournaras stressed the need for “debt sustainability along with a more realistic final fiscal target after the end of…

Stournaras: “The bailout review must conclude by the end of 2016”
FINANCE
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FINANCE
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Stournaras: “The bailout review must conclude by the end of 2016”

makis - Nov 29, 2016

The Governor of the Bank of Greece Yannis Stournaras underlined that Greece can achieve a 2% primary budget surplus percent next year, warning that the main risk…

Stournaras: “The capital controls will soon be eased”
FINANCE
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FINANCE
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Stournaras: “The capital controls will soon be eased”

makis - Nov 10, 2016

The Governor of the Bank of Greece Yannis Stournaras revealed that the capital controls introduced in the summer of 2015 will soon be eased, according to an…

BoG Gov. reportedly promises creditors new bank managements by Oct. 31
FINANCE
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FINANCE
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BoG Gov. reportedly promises creditors new bank managements by Oct. 31

Panos - Oct 24, 2016

Bank of Greece (BoG) Governor Yannis Stournaras reportedly promised institutional creditors that the board of directors of Greece’s four systemic banks will have been replaced by Oct.…

Stournaras: Quick review for debt sustainability and return to markets
FINANCE
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FINANCE
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Stournaras: Quick review for debt sustainability and return to markets

makis - Oct 18, 2016

The Governor of the Bank of Greece Yannis Stournaras underlined that a sustainable debt necessary, so that Greece may return to the markets in 218, during his…

Stournaras: Quick review for debt sustainability and return to markets
GREECE
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GREECE
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Stournaras: Quick review for debt sustainability and return to markets

Panos - Oct 18, 2016

The Governor of the Bank of Greece Yannis Stournaras underlined that a sustainable debt necessary, so that Greece may return to the markets in 218, during his…

Stournaras comments on capital controls and Varoufakis
FINANCE
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FINANCE
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Stournaras comments on capital controls and Varoufakis

makis - Oct 12, 2016

A large part of the money that was taken out of the banks between December 2014, when early elections were called after a President could not be…

Bank of Greece Governor blasts ex-Finance Minister Varoufakis before parliamentary committee
FINANCE
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FINANCE
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Bank of Greece Governor blasts ex-Finance Minister Varoufakis before parliamentary committee

Panos - Oct 12, 2016

The Governor of the Bank of Greece (BoG), Yiannis Stornaras testified before the parliamentary enquiry committee examining the loans to Greek media, Tuesday, causing former Finance Minister…

Stournaras on loans towards media groups and political parties
FINANCE
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FINANCE
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Stournaras on loans towards media groups and political parties

makis - Oct 11, 2016

The Governor of the Bank of Greece and former Minister of Finance Yannis Stournaras is testifying before the parliamentary committee tasked with investigating a series of loans…

Stournaras: Greek banks safe from Deutsche impact
FINANCE
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FINANCE
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Stournaras: Greek banks safe from Deutsche impact

makis - Sep 30, 2016

The Greek and international banking systems are “safe” and tools are in place to protect them from any impact from the crisis engulfing Deutsche Bank, Greek central…

Stournaras-Spirtzis escalate dispute over Attica Bank
FINANCE
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FINANCE
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Stournaras-Spirtzis escalate dispute over Attica Bank

makis - Sep 21, 2016

The Governor of the Bank of Greece Yannis Stournaras has urged the Minister of Transport Christos Spirtzis to “keep quiet”, in response to their dispute over Attica…

FINANCE
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BoG: Latest developments in Greek economy positive

Panos - Aug 02, 2016

Bank of Greece (BoG) Yannis Stournaras this week appeared optimistic over the Greek economy’s prospects, saying developments were more positive in the country than previously. Stournaras referred…

FINANCE
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BoG: Primary surplus targets must be reduced to 2%

Panos - Jun 15, 2016

In its Monetary Policy Report for 2015-2016 that was submitted in Parliament on Wednesday morning, the Bank of Greece underlines the need to reduced the primary surplus…

Stournaras insists upon a “new deal” with creditors and partners
FINANCE
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FINANCE
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Stournaras insists upon a “new deal” with creditors and partners

Panos - Jun 14, 2016

The Governor of the Bank of Greece Yannis Stournaras has underlined the need for a “new deal” with the country’s international creditors, in an article he published…