Stournaras

The farmer unions are going to hold general assemblies at the road blocks which they have set up across the national high ways, in order to decide upon their next actions. Representatives from the various farmer unions met with the Minister of Finances Yannis Stournaras yesterday, but they were unable to come to any agreement, […]

The Minister of Finances Yannis Stournaras is scheduled to meet with representatives of the farmer unions today at 1pm in the afternoon in order to begin discussions. The farmer unions had demanded an audience with Mr. Stournaras last week, to present to him their demands regarding the cost of production and tax debt settlement. Meanwhile […]

With the farmer unions appearing adamant over their demands and calling their colleagues to reinforce and support the road blocks that have been set up on national highways across the country, the Minister of Finances Yannis Stournaras has arranged to meet with farmer representatives on Thursday. The farmers had been demanding a meeting with Mr. […]

The Minister of Finances Yannis Stournaras had a brief meeting with the former president of the European Central Bank Jean-Claude Trichet who is currently in Athens. Mr. Stournaras was reported to have updated Mr. Trichet on the latest fiscal developments, the primary surplus, the overall restructure efforts in the banking sector and the Greek government’s […]

The German Minister of Finances Wolfgang Schäuble commented on a Sunday evening television chat show that Greece has achieved significant progress in its reforms, not without problems and delays however, which will result in the need for further financial assistance. While Mr. Schäuble praised the Greek efforts, he also stressed that “the problem has not […]

The unions of accountants and tax consultants have arranged demonstrations in Syntagma Square in Athens and by the Venizelos statue in Thessaloniki for Monday at noon, in order to protest the government’s tax policies and particularly the excessive tax fines. According to the accountant and tax consultant unions, the new tax fines and levies introduced […]

The Minister of Finances Yannis Stournaras is scheduled to meet with representatives of the farmer unions today in order to discuss various tax measures. While the government announced a number of measures in favor of farmers last week, the unions have rejected them as they claim do not address their demands. Meanwhile the farmers are […]

The Minister of Finances Yannis Stournaras plans of relying on the unexpectedly high 2013 primary surplus, which is estimated to be about 1% of the GDP, as well as the improvements in the real economy, in order to strike a deal with the troika by the next Eurogroup session. During his visit to Frankfurt, the […]

The Minister of Finances Yannis Stournaras is visiting Frankfurt, Germany today, a few days after rumors regarding a new Greek loan began circulating amongst European circles. While the purpose of his trip has not been publicized, the Ministry announced that Mr. Stournaras will meet with the board of directors of the German Central Bank and […]

The Greek and Swiss Ministers of Finances Yannis Stournaras and Eveline Widmer-Schlumpf met in Athens yesterday to discuss the possibility of taxing the Swiss bank accounts of Greek citizens. Based on comments by Mr. Stournaras though, the propose taxation is highly unlikely, while the Swiss official refused to satisfy the Greek demands. Mr. Stournaras requested […]

The Minister of Finances Yannis Stournaras is scheduled to meet his Swiss counterpart (and current Ecofin president) Eveline Widmer-Schlumpf at noon today in Athens, in order to discuss the taxation of Greek accounts in Swiss banks. Today’s meeting was scheduled after the Greek deputy Finance Minister Giorgos Mavraganis met with his Swiss counterpart Jacques De […]

The Minister of Finances Yannis Stournaras is thought to have “surprise news” regarding the progress of the economy, which he intends to publicize over the next few days. Mr. Stournaras is presumably awaiting confirmation of divs from the national statistics authority ELSTAT and the State Treasury, with rumors suggesting the announcement will have a decisive […]

The Minister of Finances Yannis Stournaras met with Prime Minister Antonis Samaras late on Thursday evening in order to discuss the upcoming arrival of the troika and the ongoing negotiations. According to Mr. Stournaras “the troika will arrive in the next few days. We are in touch with them. the goal is to finish up, […]

The Minister of Finances Yannis Stournaras admitted that the ongoing negotiations with the troika are difficult, as he was leaving from Maximos Hall, where he met with the Prime Minister earlier this morning. Earlier in the day Mr. Stournaras updated Prime Minister Samaras on a number of matters he plans to discuss with Government Vice […]

The Minister of Finances Yannis Stournaras is expecting to face some hard questions by his colleagues at the upcoming Eurogroup session that is scheduled for the 27th of January, in order to convince the troika to return to Athens and complete its review. Earlier in the week the Dutch Finance Minister Jeroen Dijsselbloem, who is […]

The Minister of Finances Yannis Stournaras and the leader of SYRIZA Alexis Tsipras had a heated debate in Parliament earlier this morning, after the opposition leader posed a question to the Prime Minister about the recent banking scandals. Mr. Stournaras responded that the government still has a long way ahead of itself and spoke of […]

Even though the troika was originally expected to return to Athens around the 15th of January in order to resume talks with the Minister of Finances, it now appears that the trip to Athens has been postponed until the troika is certain that it will strike a deal for the disbursement of the IMF and […]

The Minister of Finances Yannis Stournaras appeared on SKAI TV’s central news program last night, where he addressed the possibility of a new debt haircut and he rumors that he is going to be appointed Governor of the Bank of Greece. Mr. Stournaras explained that there is no chance of a debt haircut as such […]

The Minister of Finances Yannis Stournaras is rumored to be considering the next phase of his career as Governor of the Bank of Greece, as Prime Minister Antonis Samaras considers a cabinet reshuffle in May. The Prime Minister is also rumored to have chosen his personal consultant Stavros Papastavrou as the new Finance Minister. To […]