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Lese-Ansicht

Greece’s Splintering Politics Raises Specter of Messy Election

New parties are adding to the mix as Prime Minister Kyriakos Mitsotakis grapples with a cost-of-living crisis ahead of a key vote due next year.

Tourists pass the parliament building in Athens, Greece, on Thursday, Sept. 7, 2023. DBRS Morningstar is set to update its assessment on Friday, with markets expecting it will join Scope Ratings and Rating and Investment Information Inc. in placing Greece at investment level.
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Stournaras Says ECB Must Avoid Overly Restrictive Policy

The European Central Bank must avoid an excessively restrictive approach that could further burden economic activity and investment, according to Governing Council member Yannis Stournaras.

Yannis Stournaras, governor of Bank of Greece, during a Bloomberg Television interview in London, UK, on Friday, June 6, 2025. The European Central Bank should take a break from lowering interest rates to give officials a chance to assess recent shocks, particularly from trade, according to Stournaras. Photographer: Jaimi Joy/Bloomberg
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Stournaras Says ECB Must Avoid Overly Restrictive Policy

The European Central Bank must avoid an excessively restrictive approach that could further burden economic activity and investment, according to Governing Council member Yannis Stournaras.

Yannis Stournaras, governor of Bank of Greece, during a Bloomberg Television interview in London, UK, on Friday, June 6, 2025. The European Central Bank should take a break from lowering interest rates to give officials a chance to assess recent shocks, particularly from trade, according to Stournaras. Photographer: Jaimi Joy/Bloomberg
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ECB’s Stournaras Sees Recession Concern, Phileleftheros Says

Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.

Yannis Stournaras, governor of Bank of Greece, speaks at the European Central Bank (ECB)'s International Women’s Day 2026 Conference in Frankfurt, Germany, on Monday, March 2, 2026. ECB President Christine Lagarde said last week that policymakers must keep an eye on still-elevated perceptions of inflation.
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ECB’s Stournaras Sees Recession Concern, Phileleftheros Says

Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.

The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Thursday, Sept. 12, 2024. The European Central Bank lowered interest rates for the second time this year with inflation receding toward 2% and concerns about the economy building.
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