stournaras

English edition

Editorial Ta Nea: Liquidity

The government has repeatedly underlined that the plan aims to reduce the percentage of NPEs (non-performing exposures) to a single-digit number by 2022 at latest.

English edition

Stournaras pins hopes on EU funding to boost GDP, battle recession

The governor of the Bank of Greece said that the country's GDP will be boosted by 1.9 pct each year from the use of the 30.2 billion euros of EU funds earmarked for Greece.

English edition

Editorial Ta Nea: Trust

Certain political forces must understand at long last the role of the Central Bank, the degree of independence from political power that it enjoys, and to whom it must offer an accounting.

uncategorized

Government, Bank of Greece strive to protect banking sector from economic tempest

Yannis Stournaras is in constant contact with the ECB in Frankfurt as part of an effort to make sure 10bn euros are available to prop up Greek banks.