Finance Premiers Declare No Need for Third Bailout
Today, Greek Finance Minister Yannis Stournaras and Bank of Greece Governor Giorgos Provopoulos confirmed that the nation will not need an additional bailout.
- Published in Economy
Today, Greek Finance Minister Yannis Stournaras and Bank of Greece Governor Giorgos Provopoulos confirmed that the nation will not need an additional bailout.
A war of words has broken out over the future of finance minister Yannis Stournaras, with media groups belonging to different business concerns, attacking or defending him.
Finance Minister Yannis Stournaras, in his reply to the questionnaire by the European Parliament's Finance Committee, that was sent to the Committee on Monday and forwarded to the Greek Parliament, detected failures and the non-timely diagnosis by the eurozone of the Greek economy's problems in the implementation of the first fiscal adjustment programme in 2010.