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Bank of Greece Governor Urges National AI Strategy
Businessiefimerida2mo ago

Bank of Greece Governor Urges National AI Strategy

Yannis Stournaras, Governor of the Bank of Greece, has called for the immediate development of a comprehensive national strategy to prepare the country's economy and labor market for the disruptive impacts of artificial intelligence.

Stournaras' Term Renewed as Parliament Approves Debt Policy
Politicsnaftemporikiprotothema-en3mo ago2 sources

Stournaras' Term Renewed as Parliament Approves Debt Policy

The Greek Parliament has approved the renewal of Yannis Stournaras' term as Governor of the Bank of Greece, who warned of stagflationary pressures. Meanwhile, Pierrakakis affirmed a commitment to a mature and consistent policy to avoid passing debt to future generations.

Greece Welcomes Foreign Banks in its Banking Sector
Businessnewsbeast14d ago

Greece Welcomes Foreign Banks in its Banking Sector

Yannis Stournaras, Governor of the Bank of Greece, stated in Handelsblatt that foreign investors are welcome to participate in Greek banking institutions. This contrasts with strong reactions in Germany to UniCredit's entry into Commerzbank, signaling Greece's open stance on foreign investment in its financial sector.

PASOK Explains Abstention on Stournaras Reappointment, Calls for Term Limits
Politicsiefimeridanaftemporiki3mo ago2 sources

PASOK Explains Abstention on Stournaras Reappointment, Calls for Term Limits

PASOK clarified its abstention from the vote on Yannis Stournaras's reappointment as Governor of the Bank of Greece, stating that there should be term limits for public positions. The party emphasized that lifelong tenure does not promote the smooth functioning of institutions, while other parties criticized PASOK's stance as political awkwardness.

Bank of Greece Proposes Stournaras Reappointment
Politicsiefimeridanaftemporikinewsbeast4mo ago3 sources

Bank of Greece Proposes Stournaras Reappointment

The Bank of Greece has proposed to the Cabinet the re-appointment of Yannis Stournaras as its Governor for a third term. This recommendation seeks to extend his leadership at the central bank.

ECB Raises Interest Rates Amid Inflation Concerns
Businessnaftemporiki2mo ago

ECB Raises Interest Rates Amid Inflation Concerns

The European Central Bank (ECB) has raised interest rates by 0.25% in response to surging inflation, a move that the Governor of the Bank of Greece, Yannis Stournaras, described as the only available option.

Bank of Greece Governor Optimistic About Greek Economy
Politicsprotothema-en2mo ago

Bank of Greece Governor Optimistic About Greek Economy

Yannis Stournaras, the Governor of the Bank of Greece, stated that Greece has overcome doubts about its eurozone membership and is now experiencing dynamic growth. He emphasized the need for continued fiscal discipline, stability, and reforms.

Yannis Stournaras' Term as Bank of Greece Governor Renewed
Politicsiefimeridanaftemporikinewsbeast+1protothema-en3mo ago4 sources

Yannis Stournaras' Term as Bank of Greece Governor Renewed

Yannis Stournaras' term as the Governor of the Bank of Greece has been renewed for a third time by the Parliament. The decision was met with criticism from the opposition, while the government emphasized Stournaras' crucial role during critical times.

Stournaras Warns of Real Recession Risk in Eurozone
Financeiefimeridanewsbeast3mo ago2 sources

Stournaras Warns of Real Recession Risk in Eurozone

Yannis Stournaras, Governor of the Bank of Greece, has stated that the risk of a recession in the Eurozone is real and justified. His comments highlight growing concerns about the economic outlook for the region.

Greek Non-Systemic Banks Lead in Lending Growth
Financenaftemporiki4mo ago

Greek Non-Systemic Banks Lead in Lending Growth

According to Bank of Greece governor Yannis Stournaras, non-systemic banks in Greece have shown significant growth in net lending to the private sector, despite an overall slowdown in credit growth last year.