ECB

Inflation in Europe will be around 5.5% in 2023, significantly lower than today which is around 10%, Bank of Greece governor says in pod-cast with OT.

Inflation in Europe will be around 5.5% in 2023, significantly lower than today which is around 10%, Bank of Greece governor says in pod-cast with OT.

If the ECB tightens its monetary policy much further, things will change

Three distinguished economists analyze in the journal “NEA” the ECB’s decision and its spillovers for the Greek economy

'Governments can guide people and businesses to take meaningful and coordinated steps to limit climate change by providing well-communicated and credible transition paths. Clear signposts break long and difficult journeys into more manageable stages.'

Much like Mario Draghi, ECB chief Christine Lagarde has declared that she will do anything necessary to bolster the eurozone and in this case to temper the economic shock of the pandemic.

Interest rates remained unchanged and investors foreclosed a 10-basis point drop, while new quantitative easing (QE) measures were deemed insufficient.

Von der Leyen needs to be confirmed in her new job by an absolute majority of the 751 EU lawmakers.

Presented by Bloomberg with lengthy excerpts today, the account documents the fact that the path to Grexit had been prepared both in 2012 and in the first six months of 2016 when Alexis Tsipras had come to power and Yanis Varoufakis was managing the Greek economy and supposedly preparing a clash and falling out with creditors.

Regling said that the decision to disburse the money will be taken at the next Eurogroup meeting, based on the second post-bailout report by creditors

That return to the markets is viewed as a pre-electoral move designed to bolster the government’s image, but it is not an essential return with sustainable viable interest rates.

The new regime will facilitate the sale of NPLs if they are systemic, which is to say that they exceed a certain substantial level and “clean up” the balance sheets.

The problem of non-performing Loans (NPLs), despite the ambitious plans presented of late, remains the gaping wound of Greek banks.

The remit of the committee is to ensure the integrity of financial information, the oversight of internal controls, the compliance with applicable laws, regulations and codes of conduct, and the performance of audit functions.

The Minister of Environment and Energy Giorgos Stathakis estimated that the outcome...

The Governor of the Bank of Greece Yannis Stournaras underlined that the Euroepan...

The European Central Bank’s Benoit Coeuré will be in Athens on Monday in order to...

The Bank of Greece announced that the Governing Council of the ECB did not object...

The Bank of Greece has announced that the Governing Council of the European...

A senior officer in the Ministry of Finance has commented that agreements have been...