The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.
Asked about Ex-German chancellor Angela Merkel, central banker Stournaras said that 'in the end she played a very significant role in rescuing Greece'
Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices
Yannis Stournaras addressed the “Risk Management & Compliance Conference" as a keynote speaker on Monday
Speaking at a book presentation in Athens, Yannis Stournaras pointed out that Greece’s pension system differs, in terms of structure, with other more advanced western countries
The Greek central banker, considered as among the “doves” on the European Central Bank's governing council, also said the latter must differentiate its positions from the FED
General inflation is expected to further decline in 2024 to 2.8%
Central banker underscored the significance of leveraging available European funds, particularly the Recovery and Resilience Facility (RRF) in strategic sectors of the economy
The BoG governor cited a study that says we need 1.6 times the Earth to maintain today's standard of living
Cash purchases will be punished with even more severe fines - From spring 2024 cash will be replaced by "POS everywhere"
Investment grade recovery for sovereign debt eases risks, central banker says
He expressed his view that the ECB should lower interest rates as of mid-2024, assuming certain conditions allow.
What did the Governor of the Bank of Greece say about undeclared incomes and the strength of the economy
He spoke of the crisis in the Middle East, the course of the Greek economy and the uncertainties at the European level
The size of the shadow economy in Greece is estimated at 20.9% of GDP, higher than the EU average
The crisis overshadows the meeting of the European Central Bank in Athens
Businesses in the country should cut profit margins, which have widened significantly, Bank of Greece (BoG) Gov. Yannis Stournaras told CGTN
Yannis Stournaras on Friday again left open the possibility of yet another interest rate hike in September
What the governor of the BoG points out in the interim report on monetary policy
“We had elections a few days ago, there is a stable government now with a strong parliamentary majority,” Stournaras told Bloomberg TV
A Community directive on borrowers' rights will be incorporated by the end of the year
Yiannis Stournaras, in his interview for in.gr, emphasizes that the Greek economy is on the right track - He calls for an end to tax evasion and gives an indication of the moves that the next government should make
The Governor of the Bank of Greece on World Environment Day
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