- 6d ago
ECB policymakers dampen rate hike bets as Schnabel successor race opens
Euro zone finance ministers opened the process to replace Isabel Schnabel, who leaves the ECB on January 3, 2027, while several ECB policymakers said they are in no rush to raise rates again.
- Oct 6
Bank of Greece Governor Stournaras details Attica economic surge and housing strain at Athens conference
Bank of Greece Governor Yannis Stournaras outlined Attica's economic footprint at a conference in Athens, noting the region produces nearly half of national gross value added while facing steep housing and infrastructure pressures.
- Aug 29
Greek government blocks SYRIZA nominee Elena Akrita for Parliament vice president, triggering opposition backlash
New Democracy refused to back SYRIZA MP Elena Akrita for the 5th Vice President of the Hellenic Parliament, prompting legal threats and accusations of manipulating parliamentary majorities from opposition parties.
- Jul 25
Bank of Greece governor calls 13th pension 'fiscal madness', urges discipline
Yannis Stournaras, governor of the Bank of Greece, dismissed the return of the 13th monthly pension as a reckless move that lacks fiscal room and would reignite difficult conditions for the country.
- Jun 27
Bank of Greece backs new interest rules for Katseli loans, lowering payments for 100,000 borrowers
A legislative provision that overhauls interest calculation for loans restructured under the Katseli law has received the endorsement of Bank of Greece governor Yannis Stournaras, while the Greek Ministry of National Economy estimates the total cost impact over 20 years at around 500 million euros on a portfolio of 16.5 billion euros.
- May 29
German inflation unexpectedly drops to 2.6% in May as fuel discount takes effect, but ECB rate hike looms
Germany's annual inflation rate fell to 2.6% in May from 2.9% in April, defying economist expectations, as a temporary fuel tax cut and lower crude oil prices eased pressure on consumers.
- May 26
Mitsotakis Extends Diesel Subsidy Through June, Slams Opposition as 'Political Babel'
Greek Prime Minister Kyriakos Mitsotakis announced a one-month extension of the diesel fuel subsidy and launched a sharp attack on emerging political parties during a cabinet meeting on Tuesday.
