Yannis Marinos

Stournaras: Elevated Defense Spending Hinders Greece’s Path to Prosperity Like Ireland’s—Enhancing Greek-Turkish Relations is Essential

The “disproportionate burden of defense spending borne by the Greek taxpayer” which “relates to the protection of European borders and, above all, to Greek-Turkish relations” was referred to by Bank of Greece governor Giannis Stournaras, speaking at the launch of Takis Pappas’ book “Paradoxical Country: Why Greece lags behind Ireland and Portugal and what can we learn from them?”.