×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
04
Mar 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Stournaras: Varoufakis cost Greece over 86bln Euros

Central banker spoke in parliamentary committee

Newsroom July 12 10:48

Governor of the Bank of Greece, Yiannis Stournaras accused former Greek Finance Minister Yianis Varoufakis of foisting over 86bln Euros of extra debt on the shoulders of Greek citizens due to his negotiating tactics with the country’s creditors. Speaking before the Greek parliamentary committee on finances, Stournaras dubbed the government’s change of policies following last year’s referendum a positive move, but warned off the risk that even if the fiscal targets were achieved due to hyper-taxation, the growth targets could be missed. Stournaras claimed that after costly adjustment measures the Greek economy had managed to generate a small surplus and record some economic growth in 2014, adding the negotiation strategy adopted during the first six months of 2015 did not pay off and resulted in a set back. ‘I believe it is a positive sign that the Greek government made timely turn in policies’, he underlined. Responding to questions on the infamous ‘Plan-X’ under the tenure of Yianis Varoufakis, Stournaras pointed out that the Bank of Greece was oblivious to any such plan. “I will make no reference to the ‘Plan-X’. That says it all. The Bank of Greece, with the information at its disposal at the period did its duty’, he said

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Research: Yet, we are a country of property owners (not renters)

March 4, 2026

Mass exodus of the ultra-wealthy from Dubai by private jet, paying hundreds of thousands of dollars

March 4, 2026

Serial killer: Italian Red Cross driver accused of murdering five elderly women, allegedly causing embolisms with a syringe

March 4, 2026

Iranian missile intercepted while heading toward Turkey’s Incirlik Base, says US official to WSJ

March 4, 2026

Dendias: Greece is protected, we have increased security measures, not only in Crete

March 4, 2026

Gemini “AI Wife” allegedly pushed man to plan bombing in Miami and commit suicide, parents sue

March 4, 2026

With 201 votes “in favor,” postal voting for Greeks abroad approved

March 4, 2026

Boots on the Ground: Will Trump set foot in Iran? The scenario of “pick-up” strikes and the challenges of a ground operation in Tehran

March 4, 2026
All News

>

Research: Yet, we are a country of property owners (not renters)

In Greece, there are 7.3 million registered real estate properties, 70% of which are used for owner-occupation - Renters are estimated at around 800,000, while rising prices and limited availability of housing drive burdensome rent increases

March 4, 2026

Mass exodus of the ultra-wealthy from Dubai by private jet, paying hundreds of thousands of dollars

March 4, 2026

Serial killer: Italian Red Cross driver accused of murdering five elderly women, allegedly causing embolisms with a syringe

March 4, 2026

Iranian missile intercepted while heading toward Turkey’s Incirlik Base, says US official to WSJ

March 4, 2026

Dendias: Greece is protected, we have increased security measures, not only in Crete

March 4, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα