Monday November 24, 2014 Search
Weather | Athens
14o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Stournaras vows to protect public interest at BoG

Finance Minister Gikas Hardouvelis (right) and Yannis Stournaras, former finance minister and newly appointed governor of the Bank of Greece, attend a parliamentary committee in Athens, on Wednesday.

New Bank of Greece Governor Yannis Stournaras on Wednesdya pledged not to be swayed by political pressures and interests during a session in Parliament where his appointment was confirmed in a vote by the committee for public bodies.

“I will continue to protect the public interest,” said Stournaras, who served as finance minister for two years during which his austerity policies stabilized the economy but also slashed living standards.

Stournaras’s appointment to his new role was approved by 10 MPs from New Democracy and PASOK with a total of seven opposition party MPs voting against it and one voting present while another was absent.

The new central bank governor did not come under vehement fire from members of the main leftist opposition SYRIZA, as had been widely expected, with the leftists preferring to question him about his intentions. “Will you be the long arm of the current prime minister and implement government policy?” Panayiotis Lafazanis asked him. “How will you coexist with a government of a different political persuasion?” Nikos Voutsis inquired.

Stournaras insisted that he would “be above ambitions and interests,” adding that he had “nothing against” SYRIZA.

In his speech, the new central bank governor said that the value of nonperforming loans at Greek banks was currently 77 billion euros, a third of the total, noting that lenders’ losses this year were largely due to bad loans.

ekathimerini.com , Wednesday June 25, 2014 (20:44)  
Greek air traffic controllers say they will join Thursday´s general strike
Livestock breeders to protest in central Athens on Tuesday
Greek government sees Paris meeting as ´last phase´ in troika talks
Prosecutor recommends 64 suspects should be tried over OTE´s Siemens contract
Traders eye developments with creditors
The last week of November began with minor losses for the Greek bourse’s benchmark as traders are anticipating developments regarding a pending review of the Greek program’s progress by the ...
ILO calls for urgent action in Greece to create jobs, tackle social problems
The International Labor Organization (ILO) called on Monday for a change in policy in Greece to boost employment and prevent a social crisis. In its “Productive Jobs for Greece” study, which...
Inside Business
BASKETBALL
Olympiakos ends PAOK´s unbeaten run in Basket League
Olympiakos put an end to PAOK’s unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japan’s image and economy following the triple blow of the earthquake, tsunami and nuc...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Traders eye developments with creditors
2. Greek air traffic controllers say they will join Thursday´s general strike
3. ILO calls for urgent action in Greece to create jobs, tackle social problems
4. Livestock breeders to protest in central Athens on Tuesday
5. Draghi urgency for ECB action gets final reality check
6. Greece to scrap need for permits in some 900 professions
more news
Today
This Week
1. Scientists expand excavation of ancient Amphipolis
2. Greek officials to meek troika chiefs in Paris to break review stalemate
3. EU said to plan 21 billion-euro risk-sharing fund for investment
4. Biden informs Anastasiades about content of talks with Erdogan
5. Police seek to name man who opened fire with AK47 at Piraeus bar
6. Countdown to missed opportunity for EU economy
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Every age has its collaborators
5. Give Greece a chance
6. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.