Stournaras for ECB: “It’s time to diverge from the Fed” – 2024-04-17 08:47:31

The European Central Bank (ECB) should have no qualms about changing its stance on interest rates relative to that of the US Federal Reserve (Fed). THE Giannis Stournaras speaking in Frankfurt after the clearest message given so far by ECB that it will begin to unwind its unprecedented string of rate hikes in June, its … Read more

Stournaras: 47% of Greek gold is kept within the country – The rest is shared between the USA, Britain and Switzerland – 2024-02-25 13:09:10

The recent rise in inflation internationally is not due to mistakes in economic policy or increased demand, but to external shocks, such as the war in Ukraine and the rise in fuel prices, stressed the governor of the Bank of Greece, Giannis Stournaras. As added by Mr. Stournarasspeaking Monday at the opening of its renovated … Read more