Tag: economic recession

Stelios Petsas: Greece is not afraid 1

Stelios Petsas: Greece is not afraid

“We are not afraid. We are getting prepared for any possibility” stated Greek government spokesman Stelios Petsas to SKAI TV on Sunday, referring to Turkey’s provocations. “We emphasise everywhere that there is…

Yannis Stournaras

Recession looms as Greek economy set to shrink

The Governor of the Bank of Greece Yannis Stournaras, said on Tuesday that he expectes the country’s GDP to contract by 8.0% under the worst-case scenario. Stournaras made the comments during a…