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Proposal to Reappoint Yannis Stournaras as Governor

The General Council of the Bank of Greece voted unanimously on April 20, 2026, to propose the reappointment of Governor Yannis Stournaras to the Council of Ministers, pursuant to Article 29 of the Bank's Statute. The proposal comes in view of Stournaras's current term ending on June 26, 2026. This is a procedural step requiring ministerial approval before the reappointment takes effect.

Stournaras: Euro Area Energy Shock Policy Considerations

Governor Yannis Stournaras of the Bank of Greece delivered a speech at the Economist Romania Government Roundtable examining the macroeconomic and monetary policy implications of the current energy price shock for the euro area. The speech notes that ECB policy began from a stronger position than in 2021-2022, with inflation near the 2% target for almost a year and the Deposit Facility Rate at 2.0% in neutral territory, versus the 8.6% inflation when the 2022 tightening cycle began. The central challenge remains responding to supply-driven inflation without deepening the economic slowdown, with near-term projections showing headline inflation at 3.1% in Q2 and 2.8% in Q3, alongside 0.9% GDP growth.

Greek Economy Ten Years After Crisis: Lessons for National Economies and the Eurozone

Bank of Greece Governor Yannis Stournaras delivered a speech at the National Bank of Romania in Bucharest on March 30, 2026, reflecting on Greece's debt crisis and recovery over the past decade. The speech covers the causes of the Greek crisis, the three economic adjustment programmes implemented from 2010, and key lessons for eurozone resilience amid current geopolitical uncertainty. Topics include fiscal consolidation, banking sector restructuring, NPL reduction from 49% in 2016 to 3.3% by end-2025, and the role of ECB's OMT programme in stabilising conditions.