Bank of Greece Governor Yannis Stournaras said former finance minister Yanis Varoufakis’ strategy with creditors cost Greece a third bailout.
Bank of Greece Governor Yannis Stournaras said the government must quickly implement reforms it agreed with international lenders.
Bank of Greece Governor Yannis Stournaras said Greece’s economic crisis was caused by overspending and needed the austerity lenders wanted.
With the European Union about to close a deal with Turkey for a swap of refugees and migrants, Greece’s costs of managing an endless wave of arrivals will go past 600 million euros ($670 million) as more and more will have to stay in the country.
This year the Greek economic crisis will hit six years running with no signs on the horizon it will be over for many years, world press reports say.
Bank of Greece Governor Yannis Stournaras says the government has no choice but to do the bidding of creditors and impose more austerity.
Bank of Greece Governor Yannis Stournaras said the country can’t afford to play chicken with its international creditors and must relent again.
Bank of Greece chief Yannis Stournaras said the government and rivals should form a consensus to deal with the ongoing economic crisis.
Greece lifted the daily limit on how much money businesses can get under capital controls, a move to unblock held-up imports.
There’s been so many false warnings it’s hard to know what’s happening but it looks like Greece will deal with its lenders or go under.