Yannis Stournaras
Stournaras forecasts 0.25% cut in ECB rates
Bank of Greece Governor Yannis Stournaras on Monday forecast a 0.25% reduction in European Central Bank interest rates in December and further reductions in interest rates in 2025.
Addressing a Bloomberg conference organized in Athens, the head of Greece's central bank said that he considers a reduction of the basic interest rate of the ECB in December to be "reasonable."
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Stournaras: European economy will suffer if US imposes tariffs
The European economy would suffer if Donald Trump enacted his pledges on tariffs and trade barriers, and this could impact European Central Bank policy, Greek central bank chief Yannis Stournaras said on Thursday.
‘No threat’ to Novartis witnesses
The two prosecutors who decided last week to remove the protective status of two key witnesses in the Novartis case said that there was no indication that they had been the subject of intimidation or retaliation.
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Who’s sitting next to whom at the Karamanlis Foundation, Prodea’s “sold as-is, fully furnished” property, Aktor’s Mall, and Prokopiou’s Riviera
Hello, a few words on the great tragedy that Spain is experiencing with the loss of 95 lives due to deadly floods in Valencia. This issue is, of course, not meant for comparisons with similar emergencies in our own country or elsewhere, but it should be noted that: a) The flood intensity reached 120-380mm of water per sq.m., while in Daniel, it reached 850mm per sq.m.
Blue Innovators of Piraeus for the “Blue Economy” has completed one year of operation
The Conference on Entrepreneurship, Innovation, and Sustainability in the Blue Economy was held with great success, in the framework of the project “Blue Innovators of Piraeus”, an initiative of the Municipality of Piraeus to highlight the innovative action of blue economy businesses.
Novartis: Why the prosecutor lifted witness protection for “Kelesi” and “Sarafis”
The Greek Justice system has removed the “masks” from protected witnesses “Maximos Sarafis” and “Aikaterini Kelesi,” almost six years after the Novartis case emerged under the SYRIZA-ANEL government as one of Greece’s largest scandals, which has since proven to be a major political fabrication.
Witness protection lifted in Novartis case
Two key witnesses in the long-running Novartis bribery scandal in Greece, code-named "Ekaterini Kelesi" and "Maximos Sarafis," have lost their protected status after a decision by two Greek prosecutors on Thursday.
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Potential of the blue economy
Bank of Greece Governor Yannis Stournaras on Wednesday emphasized the significant growth prospects of Greece's blue economy in the coming years, contingent on reducing its environmental and climate impact.
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ECB interest rates unlikely to fall below 3% in 2024, Stournaras says
Even if the European Central Bank reduces interest rates twice in 2024, they will still not drop below 3%, Bank of Greece Governor Yannis Stournaras told the Financial Times in an interview published on Wednesday.
BoG: Lenders must improve quality of their portfolios
The governor of the Bank of Greece, Yannis Stournaras, has emphasized that despite the progress made by Greek banks on key fronts, challenges remain.