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Athens in race against time to wrap up review

By   /  03/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens in race against time to wrap up review

Finance Minister Euclid Tsakalotos will begin a series of meetings with Eurozone counterparts in the next few days as part of a drive to complete the delayed review of the country’s bailout program. Tsakalotos will therefore seek consensus before a 12 December Euro Working Group and crucial Eurogroup meeting on 26 January. As thing stand […]

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Troika to demand “earth and water” from the Greek government

By   /  04/11/2013  /  Finance, GR Finance, Greece, Headlines  /  Comments Off on Troika to demand “earth and water” from the Greek government

  Review by Christos T. Panagopoulos – Greek Finance Minister, Yannis Stournaras and the heads of the troika will be starting on Tuesday, with considerable differences between them, a new round of negotiations that will be among the most important so far. The government’s primary target is to convince the lenders’ representatives that additional measures […]

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Criticism over FinMin’s absence from the Parliament

By   /  01/11/2013  /  GR Politics, Greece, Headlines, Politics  /  Comments Off on Criticism over FinMin’s absence from the Parliament

  By Christos T. Panagopoulos – Spokesman of Greece’s main opposition party “Coalition of the Radical Left”, Dimitris Papadimoulis, criticized strongly on Friday against the absence of Finance Minister, Yannis Stournaras, from the Parliament, where he was scheduled to answer to two interpellations made by the head of SYRIZA, Alexis Tsipras, and the parliamentary spokeswoman […]

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Stournaras, the inconsequent

By   /  25/10/2013  /  Finance, Greece, Headlines  /  Comments Off on Stournaras, the inconsequent

  By Christos T. Panagopoulos – Once again, Minister of Finance, Yannis Stournaras, denied himself, reconsidering a previous statement he made a few day ago that there would be no new measures affecting the Greek citizens. Speaking to the Greek daily “Ta Nea” on Friday, Stournaras said: “We cannot say there will be no new […]

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Finmin Stournaras rules out new fiscal measures

By   /  15/10/2013  /  Finance, GR Finance, Greece  /  Comments Off on Finmin Stournaras rules out new fiscal measures

  Review by Christos T. Panagopoulos – Finance Minister, Yannis Stournaras, told reporters in Luxembourg late Monday evening that he was certain no new horizontal fiscal measures were to be taken by the Greek government. He was speaking moments after the end of a Eurogroup session. Stournaras stressed that government efforts now focused on achieving […]

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Greek Finance Minister insists in his “no new measures” position

By   /  10/09/2013  /  Finance, GR Finance, GR Politics, Greece  /  Comments Off on Greek Finance Minister insists in his “no new measures” position

  Review by Christos T. Panagopoulos There will be no new fiscal measures in the case of signing a new memorandum, Finance Minister, Yannis Stournaras, said on Monday. In a radio interview, Stournaras said that in the case of a third programe and the signing of a new memorandum the government will introduce new fiscal […]

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Governmental controversy over tax reductions

By   /  03/09/2013  /  GR Politics, Greece, Headlines, Politics  /  Comments Off on Governmental controversy over tax reductions

  By Christos T. Panagopoulos A whole host of negative comments and strong criticism was raised by Greek Minister of Finance, Yannis Stournaras, on Monday, who put an end to recent scenarios mentioning that there would be a reduction of the excise duty on the heating oil. “It is no time for tax reduction. We […]

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No need for a new debt haircut, Stournaras insists

By   /  26/08/2013  /  Finance, GR Finance, Greece, Headlines  /  Comments Off on No need for a new debt haircut, Stournaras insists

  By Christos T. Panagopoulos Greek Minister of Finance, Yannis Stournaras, reiterated on Monday his position that the country’s public debt does not need to have a new haircut, as there are other ways to reduce it, like the ease on the terms of the current financing program. In an interview he gave to the […]

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Special meeting between Samaras and ECB official J. Asmussen

By   /  21/08/2013  /  Finance, GR Finance, Greece  /  Comments Off on Special meeting between Samaras and ECB official J. Asmussen

  By Christos T. Panagopoulos Member of the European Central Bank’s (ECB) Executive Committee, Jörg Asmussen (photo), will pay a special visit in Athens, where he will be accepted by Greek Prime Minister, Antonis Samaras, at the Maximos Mansion at 16:30 local time, according to daily newspaper “Naftemporiki”. At 15:00 Asmussen will meet with Minister […]

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“If we don’t proceed with layoffs, we will not obtain further financing”

By   /  05/08/2013  /  Finance, GR Finance, GR Politics, Greece, Headlines  /  Comments Off on “If we don’t proceed with layoffs, we will not obtain further financing”

  By Christos T. Panagopoulos Greek Minister of Finance, Yannis Stournaras, repeated in an interview to “Real News” newspaper that it is imperative for the government to proceed in its policy about laying off at least 15,000 public servants, otherwise the Troika’s representatives will not allow further financing of the country’s economy. “If we don’t […]

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