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Tag Archives: greek economy

Bank of Greece Monetary Policy Report 2018-2019 warns of Economy risks

Governor of Bank of Greece, Yiannis Stournaras has warned of the risks of the Greek economy  claiming that the primary surplus will not be at the calculated level, growth will be lower, and that the profitability of the banks will not be the expected one. These are the crucial highlights …

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Labor Institute INE draws a grim picture of real Greek economy, sets unemployment much higher

The report of Labor Institute of the private sector union GSEE (INE) draws a grim picture of the Greek economy – despite the government narrative about the positive outlook. “The Greek economy is looking for an upward venture,” said one of the INE directors who presented the report. However, “evidence …

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Greek FinMin “The worst for Greece is over”

That’s one of the best jokes I heard over the Easter days. Greek finance minister Yiannis Stournaras claimed, “the worst for Greece is over”. Apparently, he has no idea about the people who keep losing their jobs each and every day and it looks as if last time he walked …

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