Displaying items by tag: stournaras

The "Hercules" plan is an important systemic solution towards reducing non-performing loans. But the issue does not end here, as the plan will help to settle NPLs worth around 30 billion euros from a total of 75 billion, leaving another 40 billion euros, Bank of Greece's governor Yannis Stournaras said on Tuesday.

BoG Governor Yiannis Stournaras appeared concerned about the danger of a new global recession, .

Greek central banker Yannis Stournaras lobbed a political "bombshell" on Monday evening, saying the then leftist SYRIZA government had broached Russian President Vladimir Putin in 2015 over the prospect of printing new drachmas in Russia, as negotiations between European creditors and the Greek side near a final impasse.