x

Economy

Martin Bijsterbosch the New Head of European Central Bank Team for Greece

October 19, 2020

ATHENS — The European Central Bank (ECB) has announced that Martin Bijsterbosch has taken over as the new chief of its mission for Greece, succeeding Francesco Drudi, who has led the mission since March 2016.

"Francesco Drudi has tirelessly led the ECB mission for Greece for the last four and a half years," said Fabio Panetta, a member of the ECB's Executive Board. Despite the many challenges and the very demanding programme, he added, Drudi and his team had always worked in the interests of Greece and his contribution to the Greek programme until its successful completion in 2018, and since then in the context of enhanced surveillance, "has earned the recognition and respect of the Greek authorities and other institutions."

"I am convinced that his successor, Martin Bijsterbosch, an experienced ECB economist with extensive experience in the study and analysis of countries, including his participation in the neighbouring Cyprus programme, will continue in the same spirit," said Panetta.

Martin Bijsterbosch has been working for the ECB since 2001. He has held various positions in the Directorate-General for Economic Studies, the ECB Delegation in Washington and the Directorate-General for Macro-prudential Policy and Financial Stability. Most recently, he has worked as a Senior Leader on issues of financial stability and macroeconomic policy for the banking sector of euro area countries. He has extensive experience in the monitoring of countries and in missions to countries whose economies are in crisis, including Cyprus, Greece, Latvia and Portugal. He has also worked at the central banks of Canada and the Netherlands where he began his career. He holds a Master's degree in Economics and studied at the universities of Groningen and Siena.

RELATED

ATHENS - Greek public debt totaled 357,295 billion euros at the end of the third quarter of 2021, from 337,666 billion in the corresponding period in 2020, Hellenic Statistical Authority said on Friday.

Top Stories

Church

BOSTON – The Holy Synod of the Patriarchate of Alexandria in its recent meeting dealt with the ecclesiastical coup perpetrated by the Patriarchate of Moscow in its canonical jurisdiction, calling it an “immoral invasion and intrusion.

Church

NEW YORK - Some 21 years after it was destroyed in the September 11, 2001 terrorist attacks in the United States that brought down the Twin Towers in New York City, the new St Nicholas Greek Orthodox Church rising in its place is among the most eagerly awaited architectural openings of 2022.

Events

STATEN ISLAND, NY – For yet another year, the community of Holy Trinity-St Nicholas in Staten Island honored couples celebrating 50+ years of marriage with a modest ceremony held at the church immediately following the Divine Liturgy on January 16.

Video

SNF’s Health Initiative Will Support Child and Adolescent Mental Health

ATHENS - When we think about childhood injuries, we usually think of scratches, a few stitches, maybe even a broken bone.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.