Giannis Stournaras
Stournaras: How Greece turned the financial crisis into a success story
The Governor of the Bank of Greece, Giannis Stournaras, reviewed the course of the Greek economy, highlighting its progress, challenges and prospects, in a wide-ranging speech at the Capital Link conference in New York. From joining the Eurozone to regaining investment grade status, Stournaras outlined how the country turned the financial crisis into a “success story.”
The Presidency of the Republic the next “milestone” in government developments – Mitsotakis’ stance
Stournaras for National Bank placement: “It reflects the increased credibility of the Greek economy
“The Bank of Greece welcomes the completion of the placement by the Hellenic Financial Stability Fund (HFSF) of 10% of the share capital of National Bank of Greece,” says the Governor of the CBE Giannis Stournaras, on the occasion of the completion of the placement of NETE.
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?”.
Stournaras: Reform fatigue is the biggest challenge for the Greek economy
“The growth momentum of the Greek economy will continue in the coming years. The growth rate of the Greek economy is expected to reach 2.2% in 2024, accelerate to 2.5% in 2025 and decline slightly to 2.3% in 2026, according to the BoG’s forecasts,” Bank of Greece Governor Giannis Stournaras said in an interview with the special edition of Kathimerini’s “CEOs 2025”.
Yannis Stournaras to Bloomberg: two more interest rate cuts in 2024 by the ECB “reasonable”
Recent data on inflation and economic expansion strengthen arguments for additional interest rate cuts by the European Central Bank, with two more this year, according to statements by Board member and Bank of Greece Governor Giannis Stournaras to Bloomberg.
BoG governor on Bloomberg: The new support tool may be shelved
The new tool being promoted to shield southern European countries as interest rates may rise "not need to be used if it is strong enough to persuade investors not to try it".
This is what the governor of the Bank of Greece and member of the Board of Directors of the European Central Bank, Giannis Stournaras, said in a televised interview with Bloomberg.